NAR’s 2018 Housing and Economic Forecast
NAR Chief Economist Lawrence Yun presented his 2018 economic and housing forecast this morning here at the 2017 Realtors® Conference and Expo in Chicago. Yun expects existing-home sales to rise 3.7...
View ArticleWATCH: Realtors® November Housing Minute
Existing-home sales and contract signings saw strong gains in October, but both remained below year ago levels because of the persistent supply and affordability barriers in much of the country. Watch...
View ArticleNovember Sales Surprise to a Near 11-Year High; Contract Signings Also Rise
In what reflects the significant amount of pent-up demand in today’s housing market, existing-home sales surged in November to their strongest pace since December 2006. Good news was also found in...
View ArticleWATCH: Realtors® February Housing Minute
Despite stronger buyer interest in most of the country, extremely tight inventory conditions and weakening affordability caused both existing-home sales and pending sales to decline in January. Watch...
View ArticleWATCH: Realtors® March Housing Minute
Existing-home sales and contract signings both experienced meaningful increases in February despite higher mortgage rates, rising home prices and subpar supply levels in much of the country. Visit...
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Existing Home Sales Grew Slightly in March; Supply Shortage Continues
After two straight months of declines, existing home sales climbed 1.1 percent in March but it was a familiar story as low inventory and high prices kept sales activity to a level lower than a year...
View ArticleWATCH: Realtors® April Housing Minute
Existing-home sales and contract signings both saw modest gains in March, even as low supply and higher mortgage rates continued to affect overall affordability. Visit...
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Existing-Home Sales Backpedal in May
Existing-home sales fell back in May for the second straight month; sales fell 0.4 percent to seasonally adjusted annual rate of 5.43 million in May from a downwardly revised 5.45 million in April....
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Existing-Home Sales Subside 0.6 Percent in June
Existing-home sales decreased for the third straight month in June, falling 0.6 percent to 5.38 million sales as declines in the South and West exceeded sales gains in the Northeast and Midwest,...
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Existing-Home Sales Slip 0.7 Percent, Lowest Pace in Two Years
Existing-home sales decreased for the fourth straight month in July to their slowest pace in over two years, according to the National Association of Realtors®. The West was the only major region with...
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