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Pending Home Sales Inched Up Slightly in June

Pending Home Sales Inched Up Slightly in June

by Phil Hall | Jul 27, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Pending Home Sales Inched Up Slightly in June

NAR: Existing Home Sales Down in June

by Phil Hall | Jul 20, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Realtors: Lack of Housing Inventory is Main Reason Buyers Are Not Buying

Realtors: Lack of Housing Inventory is Main Reason Buyers Are Not Buying

by Phil Hall | Jul 11, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The absence of housing inventory was the most significant factor that prevented potential buyers from making home purchases in 2022, according to a new survey by the National Association of Realtors (NAR) of its membership. Roughly one-third (32%) of realtors cited...
Pending Home Sales Inched Up Slightly in June

Pending Home Sales Sink in May

by Phil Hall | Jun 29, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Pedestrian Power? Realtors Survey Finds Most Americans Prefer Walkable Communities

Pedestrian Power? Realtors Survey Finds Most Americans Prefer Walkable Communities

by Phil Hall | Jun 27, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

While the notion of Americans being auto obsessed has been a stereotype for decades, a new survey from the National Association of Realtors (NAR) found most Americans prefer living in walkable communities. NAR’s 2023 Community & Transportation Preferences Survey...
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