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Pending Home Sales Receded 4.9% in January

Pending home sales in January dropped 4.9%, according to the National Association of REALTORS®. The Northeast and West posted monthly gains in transactions while the Midwest and South recorded losses. All four U.S. regions registered year-over-year

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Existing-Home Sales Rose 3.1% in January

Existing-home sales grew in January, according to the National Association of REALTORS®. Among the four major U.S. regions, sales accelerated in the Midwest, South and West, and remained steady in the Northeast. Year-over-year, sales improved in the

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NAR Hosts Policy Forum to Address Challenges Facing Home Buyers

The National Association of Realtors® hosted a policy forum Thursday at the Mayflower Hotel in Washington, D.C. entitled American Dream Deferred: How Can We Keep Homeownership

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More Than 85% of Metro Areas Registered Home Price Increases in Fourth Quarter of 2023

More than 85% of metro markets (189 out of 221) registered home price increases in the fourth quarter of 2023 as the 30-year fixed mortgage rate dropped from 7.79% to 6.61%, according to

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Existing-Home Sales Slid 1.0% in December

Existing-home sales retreated in December, according to the National Association of REALTORS®. Among the four major U.S. regions, sales slipped in the Midwest and South, rose in the West and were unchanged in the Northeast. All four regions

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Pending Home Sales Recorded No Change in November

Pending home sales in November were identical to those in October, according to the National Association of REALTORS®. The Northeast, Midwest and West posted monthly gains in

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Existing-Home Sales Expanded 0.8% in November, Ending Five-Month Slide

Existing-home sales grew in November, breaking a streak of five consecutive monthly declines, according to the National Association of REALTORS®. Among the four major U.S. regions

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NAR Welcomes Freddie Mac’s Expansion of Condo Project Advisor Tool

National Association of Realtors® President Tracy Kasper issued the following statement after Freddie Mac announced(link is external) an important expansion of its Condo Project Advisor tool

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Pending Home Sales Fell 1.5% in October

Pending home sales dropped 1.5% in October, according to the National Association of REALTORS®. The Northeast posted a monthly gain in transactions while the Midwest, South and West all recorded losses. All four U.S. regions noted year-over-year

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Existing-Home Sales Receded 4.1% in October

Existing-home sales dropped in October, according to the National Association of REALTORS®. Among the four major U.S. regions, sales slid in the Northeast, South and West but were unchanged in the Midwest. All four regions experienced year-over-year sales

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NAR Finds Typical Home Buyer’s Annual Household Income Climbed to Record High of $107,000 in Wake of Rising Home Prices and Mortgage Rates

Buyer income annual increase of 22% is largest on record (from $88,000 in 2022 report); down payments jumped to highest percentages in two decades

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12,000 Realtors® to “Own the Moment” at NAR NXT Annual Conference & Expo in Anaheim

Realtors® from across the country and the world will converge on Anaheim, California, November 14–16 for 2023 NAR NXT, The Realtor® Experience(link is external), NAR’s annual conference

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Pending Home Sales Grew 1.1% in September

Pending home sales augmented 1.1% in September, according to the National Association of REALTORS®. The Northeast, Midwest and South posted monthly gains in transactions while the West experienced a loss. All four U.S. regions had year-over-year

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NAR Hosts Affordable Workforce Housing Symposium

The National Association of REALTORS® hosted the Affordable Workforce Housing Symposium Tuesday in Columbus, Ohio. The event included three panel discussions comprised of participants

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Existing-Home Sales Decreased 0.7% in August

Existing-home sales moved lower in August, according to the National Association of REALTORS®. Among the four major U.S. regions, sales improved in the Midwest, were unchanged in the Northeast, and slipped in the South and West. All four regions

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Pending Home Sales Tumbled 7.1% in August

Pending home sales slid 7.1% in August, according to the National Association of REALTORS®. All four U.S. regions posted monthly losses and year-over-year declines in transactions. “Mortgage rates have been rising above 7% since August

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Elevated Home Prices and Mortgage Rates, Limited Inventory are Home Buying Barriers, According to Realtors® and Prospective Home Buyers Across Races and Ethnicities

The current real estate market’s high home prices and mortgage rates, as well as limited inventory, are the top reasons that

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Pending Home Sales Elevated 0.9% in July, Marking Second Consecutive Monthly Increase

Pending home sales increased 0.9% in July – rising for the second consecutive month – according to the National Association of REALTORS®. The Northeast and Midwest posted monthly losses

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Existing-Home Sales Slipped 2.2% in July

Existing-home sales receded in July, according to the National Association of Realtors®. Among the four major U.S. regions, sales grew in the West but faded in the Northeast, Midwest and South. All four regions registered year-over-year sales declines.

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Almost 60% of Metro Areas Posted Home Price Gains in the Second Quarter of 2023

Almost 60% of metro markets (128 out of 221) registered home price gains in the second quarter of 2023 as 30-year fixed mortgage rates oscillated between 6.28% and 6.71%, according

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Pending Home Sales Edged Up 0.6% in August

Pending home sales in August rose 0.6%, according to the National Association of REALTORS®. The Midwest, South and West posted monthly gains in transactions, while the Northeast recorded a loss. Year-over-year, the West registered growth, but

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