January home sales were down, while prices continued a trend of double-digit, year-over-year increases, according to the latest RE/MAX National Housing Report. The monthly report compiles MLS data in 52 metropolitan areas, and it provides a comprehensive snapshot of current market activity.

Watch the highlights video from the report. Keep in mind, every market is different, and a great way to find out what the buying and selling climate is like in your area is to contact a local RE/MAX agent.