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
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
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
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
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.
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
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
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
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
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
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
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
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
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 .
NAR Invites Tech Startups to Apply for iOi Summit Pitch Battle Competition
The National Association of Realtors® announced today that it is accepting applications for the “Pitch Battle” competition taking place at the 2023 Innovation, Opportunity & Investment (iOi)
Existing-Home Sales Slid 2.4% in March
Existing-home sales edged lower in March, according to the National Association of Realtors®. Month-over-month sales declined in three out of four major U.S. regions, while sales in the Northeast remained steady. All regions posted year-over-year
Existing-Home Sales Surged 14.5% in February, Ending 12-Month Streak of Declines
Existing-home sales reversed a 12-month slide in February, registering the largest monthly percentage increase since July 2020, according to the National Association of REALTORS
NAR Will Host Policy Forum to Showcase 2023 Housing Priorities
On Thursday, March 16th at the Capital Hilton, in Washington, DC, the National Association of Realtors® will host a Policy Forum: The Current Housing Market: Implications for Homebuyers
More Americans Own Their Homes, but Black-White Homeownership Rate Gap is Biggest in a Decade, NAR Report Finds
While the U.S. homeownership rate has continually increased during the last decade – to 65.5% in 2021 (from 64.7% in 2011) – the Black homeownership rate has not kept pace with increases
Existing-Home Sales Descended 0.7% in January
Existing-home sales fell for the twelfth straight month in January, according to the National Association of Realtors®. Month-over-month sales were mixed among the four major U.S. regions, as the South and West registered increases, while the East