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Existing Home Sales Up in May

Existing Home Sales Up in May

by Phil Hall | Jun 23, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

There is good news in the housing market – existing home sales were up in May by 0.8% month-over-month to a seasonally adjusted annual rate of 4.03 million, according to the National Association of Realtors (NAR). However, last month also saw a 0.7% year-over-year...
NAR’s Chief Economist: ‘Housing Market Remains Very Difficult at the Moment’

NAR’s Chief Economist: ‘Housing Market Remains Very Difficult at the Moment’

by Phil Hall | Jun 4, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The chief economist with the National Association of Realtors (NAR) has defined today’s housing market as a challenging environment burdened by circumstances beyond its control. Speaking at NAR’s 2025 Realtors Legislative Meetings in Washington, DC, Lawrence Yun...
Pending Home Sales Down 6.3% in April

Pending Home Sales Down 6.3% in April

by Phil Hall | May 29, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales sank during April, according to new data from the National Association of Realtors (NAR). The Pending Home Sales Index, NAR’s forward-looking indicator of home sales based on contract signings – tumbled by 6.3% to 71.3 in April from March....
Existing Home Sales Down by 0.5% in April

Existing Home Sales Down by 0.5% in April

by Phil Hall | May 22, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales during April dropped by 0.5% from March to a seasonally adjusted annual rate of 4.00 million in April, according to new data from the National Association of Realtors (NAR). On a year-over-year basis, sales were down by 2.0% from 4.08 million in...
NAR: Q1 Home Prices Up in 83% of Metro Markets

NAR: Q1 Home Prices Up in 83% of Metro Markets

by Phil Hall | May 8, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family existing home sales prices were up in 83% of metro markets (189 out of 228) during the first quarter, according to data from the National Association of Realtors (NAR), which also found 11% of the tracked metro areas recorded double-digit price gains,...
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