Inside the Release Archive

WATCH: July Housing Minute

  Homes continued to sell quickly in June, but the lean inventory levels in many markets caused existing-home sales to shift downward. The news was better for pending home sales, as contract activity increased last month for the first...

An Early Summer Cooldown for Housing

The 1.8 percent decline in existing-home sales in June should come as no surprise if you closely follow NAR’s Pending Home Sales Index, which have declined for three straight months. Activity has been weaker lately because prospective buyers continue...

Staged for Sucess: NAR’s 2017 Profile of Home Staging

Most home sellers know to keep their home clean and clutter-free while it is on the market, but sometimes taking the extra step of staging the home can help a home sell faster and for a higher dollar value. According...
July 6, 2017

Introducing Housing Minute

Before you all venture off to celebrate the Fourth of July weekend, take a look at our new monthly video series, Housing Minute. Housing Minute uses animated video to highlight in under one minute the most important housing data...

Low Inventory Is Pushing Prices Up and Days on Market Down

Existing-homes rebounded nicely in May as more buyers navigated the headwinds of weaker affordability and limited listings in the affordable price range. It’s very evident that supply this spring severely lags demand in many parts of the country. It’s...

Contract Activity Declines for Second Straight Month in April

The “double-whammy” of severely inadequate inventory conditions and home prices far outpacing incomes caused contract signings to slide last month. I sat down with NAR Chief Economist Lawrence Yun to discuss the reasoning behind the pending sales slowdown, what...

Existing-Home Sales Cooled in April

Home sales in April (-2.3 percent) could not keep up with the notable upswing seen in March (4.2 percent). It seems that we keep singing the same old tune every month about there not being enough inventory to satisfy...

Low Inventory Spurs Faster Price Growth in First Quarter

It’s no surprise today’s first quarter metro price report revealed that prices accelerated for the third straight quarter. That’s what happens when sales are strong and inventories remain near record lows. What is amazing is just how fast some metro...

Looking at Mexican Buyers of U.S. Property on Cindo de Mayo

Cinco de Mayo recognizes the Mexican army’s triumph over France at the Battle of Puebla on May 5, 1862. While today gives us a chance to celebrate Mexican culture here in the U.S., many of our Mexican friends own...

VIDEO: What You Need to Know About the White House Tax Plan

When the White House released its plan for tax reform on April 26, Realtors® raised strong concerns that it would nullify the mortgage interest deduction and eliminate important other deductions that incentivize homeownership. As news continues to trickle out...