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NAR’s Pending Home Sales Index Sinks to All-Time Low

NAR’s Pending Home Sales Index Sinks to All-Time Low

by Phil Hall | Feb 27, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales dropped during January, according to new data from the National Association of Realtors (NAR). The Pending Home Sales Index (PHSI), NAR’s forward-looking indicator of home sales based on contract signings, tumbled by 4.6% to 70.6 in January, an...
Existing Home Sales Down by Nearly 5%

Existing Home Sales Down by Nearly 5%

by Phil Hall | Feb 21, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales sank in January by 4.9% from December to a seasonally adjusted annual rate of 4.08 million, according to data from the National Association of Realtors (NAR). On a year-over-year measurement, sales inched up by 2.0% from 4 million in January 2024....
Nearly 90% of Metro Areas Recorded Q4 Home Price Gains

Nearly 90% of Metro Areas Recorded Q4 Home Price Gains

by Phil Hall | Feb 6, 2025 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

The fourth quarter of 2024 saw home price increases in 89% (201 out of 226) of metro markets, according to the National Association of Realtors (NAR), with 14% of the metro areas posting double-digit price gains over the same period, up from 7% in the third quarter....
Pending Home Sales Plummeted in December

Pending Home Sales Plummeted in December

by Phil Hall | Jan 30, 2025 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

After four consecutive months of increasing sales volume, pending home sales sank by 5.5% in December. The National Association of Realtors’ (NAR) Pending Home Sales Index fell to 74.2 from November into December. Year-over-year, pending transactions declined 5.0%. An...
Existing Home Sales Up in December

Existing Home Sales Up in December

by Phil Hall | Jan 24, 2025 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales ended 2024 in an upswing, according to data from the National Association of Realtors (NAR). Total existing home sales rose by 2.2% from November to a seasonally adjusted annual rate of 4.24 million in December. Year-over-year, sales were up 9.3%...
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