Tailwinds pull October existing-home sales up 1.2%
A dip in mortgage rates helped homebuyers push past economic uncertainty in October, according to NAR's latest existing-home sales report
by Marian McPherson Nov 20
Existing-home sales slip again in April even as inventory improves
Existing-home sales continued to fall in April, down 0.5% from March to a seasonally adjusted rate of 4M last month, according to data released Thursday by the National Association of Realtors
by Richelle Hammiel May 22
Pending home sales jump as buyers eye lower mortgage rates
Contract signings jumped 6.1% in March. That represents the biggest monthly gain since December 2023, according to the National Association of Realtors
by Richelle Hammiel Apr 30
Existing-home sales rebounded in February amid inventory uptick
As buyers cautiously reentered the market, existing-home sales rose 4.2% from January to 4.26M, according to data released Thursday by NAR. Compared to last year, sales remained down by 1.2%
by Richelle Hammiel Mar 20
Pending home sales fall 4.6% to an all-time low, NAR says
The Pending Home Sales Index (PHSI), which tracks home sales based on contract signings, dropped 4.6% to 70.6 in January, marking an all-time low, according to NAR data
by Richelle Hammiel Feb 27
Pending home sales decline 5.5% following months of growth
The Pending Home Sales Index (PHSI), which tracks contract signings as a measure of future home sales, fell 5.5% to 74.2 in December, according to data released Thursday by NAR
by Richelle Hammiel Jan 31
September existing-home sales fall, but inventory offers hope
Existing-home sales continued their downward trajectory in September, declining 3.5% year over year and 1% month over month, according to data released Wednesday by NAR
by Richelle Hammiel Oct 23
home prices increased in June
Low inventory drove prices higher nationwide despite some of the highest mortgage rates in decades, National Association of Realtors Chief Economist Lawrence Yun said on Wednesday
Homebuyer mortgage demand falls to lowest level since 1995
As mortgage rates hit new post-pandemic highs on inflation worries, MBA survey finds purchase loan demand down 5% week over week and 30% from a year ago
by Matt Carter Aug 23
US existing-home sales prices tally new record after topping $400K
Total sales of existing homes, condos and co-ops dropped 3.4% between April and May to a seasonally adjusted rate of 5.4M, according to new data from the National Association of Realtors
by Ben Verde Jun 21
Existing-home sales tally surprise January surge as inventory shrinks
Sales of existing homes rose to a seasonally adjusted rate of 6.5M, an increase of 6.5% from December, according to sales data for January from the National Association of Realtors
by Ben Verde Feb 18
Eviction and foreclosure bans end
Economists and housing experts share what could unfold for homeowners, renters and the economy now that the CDC's eviction and foreclosure moratorium is over
by Marian McPherson Jul 31
Existing-home sales rise for the second straight month
The best sales activity since November, but still below numbers from this time last year, according to NAR report
by Patrick Kearns Apr 23
Strong jobs report offers glimmer of hope for inventory relief
Residential construction adds 30,000 jobs in December
by Marian McPherson Jan 5
November jobs report may offer silver lining for inventory crisis
Residential construction added 4,000 new jobs
by Marian McPherson Dec 8