
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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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.

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

Annual Foreign Investment in U.S. Existing-Home Sales Declined 9.6% to $53.3 Billion
Foreign buyers purchased $53.3 billion worth of U.S. existing homes from April 2022 through March 2023, slipping 9.6% from the previous 12-month period, according to a new report from the

Existing-Home Sales Retreated 3.3% in June; Monthly Median Sales Price Reached Second-Highest Amount Ever
Existing-home sales slipped in June, according to the National Association of REALTORS®. Sales varied among the four major

Nearly One-Third of Realtors® Say Lack of Inventory Stopped Clients from Buying Homes in 2022 As Housing Supply Dropped to Lowest Level Since 1999
NAR membership grew to 1.58 million at the end of 2022, up from 1.56 million at the end of 2021. More than three-quarters of




