NAR has released its Market Statistics Dashboard, a tool that tracks housing and economic trends and provides forward-looking analyses for home sales and pricing activity
Hopes that home sales will pick up may hinge more on additional inventory coming onto the market, which is expected to cool or reverse home price gains, economists say
New numbers from the National Association of Realtors show that pending sales rose 1.1% year over year in May
Amid fighting over the federal funds rate, NAR says home sales were 0.7% lower in May than a year ago as inventory rose to a 4.6-month supply
Even with more inventory entering the market, homebuyers are struggling with elevated mortgage rates, NAR Chief Economist Lawrence Yun said, leading to fewer signed contracts
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
Nearly 85% of all US metro areas saw year-over-year price increases for single-family existing homes, down from 89% in the final quarter of 2024, according to data released Thursday by NAR
Contract signings jumped 6.1% in March. That represents the biggest monthly gain since December 2023, according to the National Association of Realtors
Existing-home sales dropped by 5.9% from February and by 2.4% from March 2024 as homebuyers continued to deal with affordability challenges, said NAR Chief Economist Lawrence Yun
The Pending Home Sales Index (PHSI) rose by 2.0% to 72.0 in February, according to new data released Thursday by NAR. But contract signings fell 3.6% compared to last year
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%
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
Existing-home sales fell 4.9% in January to a seasonally adjusted rate of 4.08M. Despite the month-over-month decline, sales were still 2% higher than a year ago
Home prices have continued their upward trend in Q4 2024, with 89% of US metro areas seeing an increase in single-family existing-home prices, according to data released Thursday by NAR
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