More than 90% of metro markets posted home price gains during the first quarter, according to the National Association of Realtors (NAR). Home price increased were recorded in 205 of the 221 markets (93%) tracked by NAR and 30% of the tracked metros experienced...
National Association of Realtors (NAR) Chief Economist Lawrence Yun is predicting interest rates will fall in the long term, while existing home sales will rise to 4.46 million this year (up 9% from 4.09 million in 2023) and to 5.05 million next year (up 13.2% from...
The National Association of Realtors (NAR) updated when the policy changes of its Sitzer/Burnett settlement agreement will go into effect. Originally slated for July, the policies will now go into effect on Aug. 17. These changes will prevent listing brokers from...
This morning’s Labor Department data on the addition of 175,000 jobs in April and an uptick in the unemployment rate to 3.9% brought a mixed reaction from economists focused on the housing market. “An economy that is too hot is not good for interest rates,” said...
Pending home sales in March were up by 3.4% from February and up by 0.1% from one year earlier, according to new data from the National Association of Realtors (NAR). The trade group’s Pending Home Sales Index (PHSI) increased to 78.2 in March; an index of 100 is...
Mainstay Raises $18 Million and Buys Truelist in Push Into Real Estate Brok…
