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Pending Home Sales Up for Fourth Straight Month

Pending Home Sales Up for Fourth Straight Month

by Phil Hall | Dec 30, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales were up for the fourth consecutive month in November with a 2.2% uptick, reaching the highest level since February 2023. The National Association of Realtors’ (NAR) Pending Home Sales Index reached 79.0 last month; an index of 100 is equal to the...
Existing Home Sales Up in November

Existing Home Sales Up in November

by Phil Hall | Dec 19, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales were on the rise in November, according to new data from the National Association of Realtors (NAR). Last month, total existing home sales were up 4.8% from October to a seasonally adjusted annual rate of 4.15 million in November. On a...
NAR Names the 10 Top Housing Hot Spots for 2025

NAR Names the 10 Top Housing Hot Spots for 2025

by Phil Hall | Dec 13, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) announced its picks for the 10 Top Housing Hot Spots 2025. This year’s list was compiled based on 10 factors: 1) Share of locked-in homeowners; 2) Average mortgage rate; 3) Job growth; 4) Share of millennial renters who can...
Pending Home Sales Up for Third Straight Month

Pending Home Sales Up for Third Straight Month

by Phil Hall | Nov 27, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, Uncategorized, WRE News Exclusive

Pending home sales during October marked the third consecutive month of upward movement, according to data from the National Association of Realtors (NAR). The Pending Home Sales Index, NAR’s indicator of home sales based on contract signings, rose by 2.0%...
Existing Home Sales Score First Year-Over-Year Hike Since July 2021

Existing Home Sales Score First Year-Over-Year Hike Since July 2021

by Phil Hall | Nov 21, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales recorded its first year-over-year upswing since July 2021, according to new data from the National Association of Realtors (NAR). Total existing-home sales were up 3.4% from September to a seasonally adjusted annual rate of 3.96 million in October....
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