Pending home sales rise modestly in September: NAR Index

October 25, 2018 by

The Pending Home Sales Index rose 0.5 percent from August to September, but remained down year-over-year for the ninth-straight month, according to NAR.

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Home sales in California have fallen for 4 months straight

September 17, 2018 by

Near record-high home prices are crushing demand in California, according to the latest home sales data from the California Association of Realtors (C.A.R.). The state dropped below the 400,000 sales benchmark in August, the first time in two years sal…

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Here’s where sellers made the biggest profit on their homes

June 26, 2018 by

Homesellers are reaping the benefits of steadily skyrocketing home prices, especially on the West Coast, according to a new report from Zillow.

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New home sales climb 6.7% after last month’s drop

June 25, 2018 by

New home sales climbed 6.7 percent month-over-month to a seasonally adjusted total of 689,000 in May.

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Realtor.com: Early Signs of a Slowdown

June 3, 2018 by

Home prices and sales are at their speediest yet, but there are indicators of tempering, according to data from realtor.com®. In May, listings were at a median $297,000, which is 2 percent higher than in April and 8 percent higher than in May 2017. Annual growth, however, lost steam; in February, home prices were up […]

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Midyear Update: Flat Forecast for Home Sales This Year

May 20, 2018 by

For the foreseeable future, the housing market will be plagued by scarce supply, according to presenters at the 2018 REALTORS® Legislative Meetings & Trade Expo, held recently in Washington, D.C. With the economy and employment encouraging growth, home sales will be subdued, though still on an uphill track, according to National Association of REALTORS® (NAR) […]

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Appreciation at Quicker Pace, Up 5.7 Percent

May 14, 2018 by

Appreciation grew quicker in the first quarter of 2018, up 5.7 percent year-over-year, according to the latest quarterly report by the National Association of REALTORS® (NAR). “The worsening inventory crunch through the first three months of the year inflicted even more upward pressure on home prices in a majority of markets,” says Lawrence Yun, chief […]

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Half of Markets Outpacing Peaks Prior to Recession

April 23, 2018 by

ATTOM Data Solutions has released its Q1 report on sales, which found homes in 54 percent of metros are at prices above their pre-recession top-out. “Rising interest rates and recently enacted tax reform that removed some tax incentives for homeownership were not enough to cool off red-hot home price appreciation in many parts of the […]

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Pending Sales Cave Under Mortgage Rate, Supply Pressures

February 28, 2018 by

January’s pending home sales caved, dropping 4.7 percent in the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI). All four of the major regions in the U.S. experienced fewer sales, with the Northeast 9 percent lower, the Midwest 6.6 percent lower, the South 3.9 percent lower, and the West 1.2 percent lower. According […]

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Home Prices Still on an Upturn

February 13, 2018 by

Home prices are still on an upturn, up 5.3 percent in the fourth quarter of 2017, according to the latest quarterly report by the National Association of REALTORS® (NAR). “A majority of the country saw an upswing in buyer interest at the end of last year, which ultimately ended up putting even more strain on […]

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