Archive for NAR

Pending Homes Sales Remain Sluggish

Posted by Michael Bates on September 01, 2017

Pending homes sales fell in July for the fourth time in five months, as only the West saw an increase in contract activity, according to the National Association of Realtors. NAR’s Pending Home Sales Index (PHSI), a forward-looking indicator based [Read More]

Existing-Home Sales Down 1.3 Percent in July

Posted by Michael Bates on August 25, 2017

Listings in July typically went under contract in under 30 days for the fourth consecutive month because of high buyer demand, but existing-home sales ultimately pulled back as large declines in the Northeast and Midwest outweighed sales increases in the [Read More]

NAR: Housing Supply at ‘Pitiful Levels’

Posted by Michael Bates on August 17, 2017

According to the latest quarterly report from the National Association of Realtors, the national median existing single-family home price in the second quarter was $255,600, which is up 6.2% from the second quarter of 2016 ($240,700) and surpasses the third [Read More]

Americans View Homeownership as a Good Investment But Affordability as a Concern

Posted by Amanda Fava on July 14, 2017

Concerns over housing affordability show clear demographic divides, especially among unmarried and non-white Americans, according to the National Association of Realtors (NAR) 2017 Nation Housing Pulse Survey. The survey found that more than five out of 10 unmarried and non-white [Read More]

NAR: Pending Home Sales Decrease for Third Consecutive Month

Posted by Amanda Fava on June 28, 2017

The ongoing supply shortages that are propping up home prices in many metro areas caused pending home sales in May to slump for the third consecutive month, according to the National Association of Realtors (NAR). The Pending Home Sales Index [Read More]

NAR Provides Snapshot Of Healthy Market In May

Posted by Michael Bates on June 21, 2017

Existing-home sales rebounded in May following a notable decline in April, and low inventory levels helped propel the median sales price to a new high while pushing down the median days a home is on the market to a new [Read More]

NAR: Pending Home Sales Rebounded In December

Posted by Lauren Tyler on January 30, 2017

Solid increases in the South and West offset weakening activity in the Northeast and Midwest, as pending home sales increased 1.6% to an index score of 109.0 in December – up from 107.3 in November, according to the National Association [Read More]

NAR: Existing-Home Sales Jumped In March

Posted by Patrick Barnard on April 20, 2016

Existing-home sales, including single-family homes, townhomes, condominiums and co-ops, were at an adjusted annual rate of 5.55 million in March – a jump of 5.1% compared with 5.07 million in February, according to the National Association of Realtors (NAR). Strengthened [Read More]

NAR: Existing-Home Sales Fell In February

Posted by Patrick Barnard on March 21, 2016

After increasing to the highest annual rate in six months, existing-home sales in February dropped to a seasonally adjusted annual rate of 5.08 million, a decrease of 7.1% from 5.47 million in January, according to the National Association of Realtors [Read More]