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Pending Home Sales Fell 1.5% in October
Pending home sales dropped 1.5% in October, according to the National Association of REALTORS®. The Northeast posted a monthly gain in transactions while the Midwest, South and West all recorded losses. All four U.S. regions noted year-over-year
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Existing-Home Sales Receded 4.1% in October
Existing-home sales dropped in October, according to the National Association of REALTORS®. Among the four major U.S. regions, sales slid in the Northeast, South and West but were unchanged in the Midwest. All four regions experienced year-over-year sales
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NAR Finds Typical Home Buyer’s Annual Household Income Climbed to Record High of $107,000 in Wake of Rising Home Prices and Mortgage Rates
Buyer income annual increase of 22% is largest on record (from $88,000 in 2022 report); down payments jumped to highest percentages in two decades
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12,000 Realtors® to “Own the Moment” at NAR NXT Annual Conference & Expo in Anaheim
Realtors® from across the country and the world will converge on Anaheim, California, November 14–16 for 2023 NAR NXT, The Realtor® Experience(link is external), NAR’s annual conference
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Pending Home Sales Grew 1.1% in September
Pending home sales augmented 1.1% in September, according to the National Association of REALTORS®. The Northeast, Midwest and South posted monthly gains in transactions while the West experienced a loss. All four U.S. regions had year-over-year
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NAR Hosts Affordable Workforce Housing Symposium
The National Association of REALTORS® hosted the Affordable Workforce Housing Symposium Tuesday in Columbus, Ohio. The event included three panel discussions comprised of participants
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Existing-Home Sales Decreased 0.7% in August
Existing-home sales moved lower in August, according to the National Association of REALTORS®. Among the four major U.S. regions, sales improved in the Midwest, were unchanged in the Northeast, and slipped in the South and West. All four regions
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Pending Home Sales Tumbled 7.1% in August
Pending home sales slid 7.1% in August, according to the National Association of REALTORS®. All four U.S. regions posted monthly losses and year-over-year declines in transactions. “Mortgage rates have been rising above 7% since August
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Elevated Home Prices and Mortgage Rates, Limited Inventory are Home Buying Barriers, According to Realtors® and Prospective Home Buyers Across Races and Ethnicities
The current real estate market’s high home prices and mortgage rates, as well as limited inventory, are the top reasons that
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Pending Home Sales Elevated 0.9% in July, Marking Second Consecutive Monthly Increase
Pending home sales increased 0.9% in July – rising for the second consecutive month – according to the National Association of REALTORS®. The Northeast and Midwest posted monthly losses
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Existing-Home Sales Slipped 2.2% in July
Existing-home sales receded in July, according to the National Association of Realtors®. Among the four major U.S. regions, sales grew in the West but faded in the Northeast, Midwest and South. All four regions registered year-over-year sales declines.
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Almost 60% of Metro Areas Posted Home Price Gains in the Second Quarter of 2023
Almost 60% of metro markets (128 out of 221) registered home price gains in the second quarter of 2023 as 30-year fixed mortgage rates oscillated between 6.28% and 6.71%, according
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Annual Foreign Investment in U.S. Existing-Home Sales Declined 9.6% to $53.3 Billion
Foreign buyers purchased $53.3 billion worth of U.S. existing homes from April 2022 through March 2023, slipping 9.6% from the previous 12-month period, according to a new report from the
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Existing-Home Sales Retreated 3.3% in June; Monthly Median Sales Price Reached Second-Highest Amount Ever
Existing-home sales slipped in June, according to the National Association of REALTORS®. Sales varied among the four major
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Nearly One-Third of Realtors® Say Lack of Inventory Stopped Clients from Buying Homes in 2022 As Housing Supply Dropped to Lowest Level Since 1999
NAR membership grew to 1.58 million at the end of 2022, up from 1.56 million at the end of 2021. More than three-quarters of
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NAR Applauds FHA for Changes to Encourage Multifamily Rental Development
National Association of Realtors® President Kenny Parcell issued the following statement after an announcement made by the Department of Housing and Urban Development (HUD) and
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Pending Home Sales Shrunk 2.7% in May
Pending home sales shrunk 2.7% in May from the previous month, according to the National Association of REALTORS®. Three U.S. regions posted monthly losses, while sales in the Northeast surged. All four regions saw year-over-year declines in
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National Association of Realtors® Again Earns “Great Place to Work” Distinction
The National Association of Realtors® has again been identified by the Great Place to Work Institute as one of the top employment destinations in America
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US Housing Market Needs More Than 300,000 Affordable Homes for Middle-Income Buyers
The U.S. housing market is short more than 300,000 affordable homes for middle-income buyers, according to a new analysis from the National Association of Realtors® and Realtor.com
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Pending Home Sales Recorded No Change in April
Pending home sales recorded no change in April, according to the National Association of REALTORS®. Three U.S. regions posted monthly gains, while the Northeast decreased. All four regions .