Homes listed in early June make the most profit, according to a new Zillow report.

Why it matters: Sellers need all the cash they can get to make their next move more palatable.

The big picture: May has long been the best month to list your house in the U.S. But in 2023, sellers made the highest profits in the first two weeks of June, a Zillow study shows.

• This shift is largely due to mortgage rates, which cooled slightly in June and brought some buyers off the sidelines.

The other side: Buyers, if you want to avoid peak pricing, consider shopping outside of the spring and summer months.

What's next: Interest rate cuts aren't expected anytime soon, but if those rates do fall in 2024, we may have a second spring market.

Go deeper: Why boomers won't sell their big houses