Three new data reports have reaffirmed the new normal in housing: sales activity remains in decline while home prices continue to rise. The National Association of Realtors (NAR) determined that home price gains occurred in nearly 60% of major metro markets (128 out...
Pending home sales recorded a mild 0.3% uptick from May to June, according to new data from the National Association Realtors (NAR). This marked the first month-over-month increase since February. However, on a year-over-year measurement, pending transactions were...
Existing home sales fell 3.3% from May to June, reaching a seasonally adjusted annual rate of 4.16 million, according to data from the National Association of Realtors (NAR). On a year-over-year measurement, sales slid 18.9% from 5.13 million in June 2022. The median...
Pending home sales were an increasingly elusive concept in May, according to new data from the National Association of Realtors (NAR). The trade group’s Pending Home Sales Index (PHSI) – a forward-looking indicator of home sales based on contract signings – was down...
Existing home sales during May recorded a scant 0.2% uptick from the previous month and a significant 20.4% year-over-year decline, according to data from the National Association of Realtors (NAR). A total of 4.30 million completed took place last month – one year...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
