NAR chief economist: 'The Fed made a mistake'
At the Realtors Legislative Meetings' Residential Economic Issues and Trends Forum, Lawrence Yun predicted total home sales would bottom out this year before ticking up in 2024
Soaring spring home prices are very real — and widespread: NAR
For now, a seasonal surge in home activity has arrested falling prices in most US markets, according to Q1 metro home price data released Tuesday by the National Association of Realtors
by Daniel Houston May 9
NAR membership dues would rise with inflation under new proposal
To cover an expected budget deficit, the National Association of Realtors' Finance Committee has proposed aligning dues with the Consumer Price Index, increasing the likelihood of annual hikes
Pending home sales end 3-month streak of upticks in dismal March
The Pending Home Sales Index dropped by 5.2% in March to a reading of 78.9 — 23.2% lower than March 2022 levels, according to data released by the National Association of Realtors
by Ben Verde Apr 27
After isolated uptick, existing-home sales shift gears in March
Existing-home sales fell 2.4% in March to a seasonally adjusted annual rate of 4.44M — 22% lower than a year earlier, according to data released Thursday by the National Association of Realtors
by Ben Verde Apr 20
Marketing guru's run for POTUS puts speakers in awkward position
NAR's Lawrence Yun among prominent figures scheduled to speak at virtual event where Momentifi CEO and U.S. presidential candidate Gibran Nicholas will hawk his book
by Matt Carter Apr 17
Pending sales increase 3rd-straight month as prices cool: NAR
'Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months,' said NAR's Lawrence Yun
by Ben Verde Mar 29
Falling existing-home sales reverse as record-streak of price hikes end
Existing-home sales surged 14.5% in February, reversing a yearlong trend of falling transactions from one month to the next, according to data Tuesday by the National Association of Realtors
by Ben Verde Mar 21
Monthly homebuyer payments just hit all-time high as spring arrives
The typical monthly payment rose to $2,563 this week despite home prices that were down 1%, according to data on Friday. That’s the highest monthly payment on record, up 29% from last year
by Taylor Anderson Mar 10
Pending home sales rose in January — but those gains are unlikely to last
The Pending Home Sales Index jumped 8.1% to a reading of 82.5 in January before mortgage rates began another climb, according to data released Monday by the National Association of Realtors
by Ben Verde Feb 27
Existing-home sales fell every single month in 2022, new NAR data shows
US existing-home sales slid 0.7% between December and January to a seasonally adjusted annual rate of 4M, according to new data released Tuesday by the National Association of Realtors
by Ben Verde Feb 21
90% of all US metros charted price jumps in Q4 despite big rate hikes
Existing-home sales prices increased in nearly 90% of metro areas, but gains were smaller than the previous quarter, according to data released Thursday by the National Association of Realtors
by Ben Verde Feb 9
2023 may sink some agents — and that may not be a bad thing
Economic downturns have historically shrunk the number of practicing Realtors. But those who stick around can end up doing even more deals, economists told Inman Intel
by Jim Dalrymple II Feb 1
Existing-home sales dip for 11th month, but NAR sees light ahead
Existing-home sales fell 1.5% nationally between November and December while plunging 34% from December 2021, according to data released Friday by the National Association of Realtors
by Ben Verde Jan 20
‘The gate is beginning to open’: Big inflation drop may aid homebuyers
The once-frantic pace of consumer price growth has been slowing for months, which may bode well for buyers' budgets — and financing, according to new data from Bureau of Labor Statistics
by Daniel Houston Jan 12