realtors Archive

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, according to the National Association of REALTORS®....

Pending Home Sales See Modest Decrease in May

Pending home sales inched back 0.5 percent in May, falling on an annualized basis for the fifth straight month, according to NAR.  A decline in contract activity in the South offset gains in the Northeast, Midwest and West. Lawrence...
June 27, 2018

Instant Reaction: February Housing Starts

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department report on residential construction in February: “The fall in housing starts in February is a movement in the wrong direction. The key to economic...

Submit Your 2018 Men’s and Women’s #REALTORBrackets

Can you play ball with NAR President Elizabeth Mendenhall? The NCAA Division I men’s and women’s basketball tournament is set to begin this week. It looks like it will be another March Madness full of surprising upsets and nail-biting...
March 12, 2018

NAR President Elizabeth Mendenhall on HUD’s Potential Changes to its Mission Statement

The following is a statement from NAR President Elizabeth Mendenhall regarding the Department of Housing and Urban Development’s potential plans to remove anti-discrimination language from its current mission statement: “As Realtors® join with our industry partners, allies and consumers throughout 2018...

Instant Reaction: January Housing Starts

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s release from the U.S. Commerce Department on January new home construction: “Terrific news on housing starts in January with a solid 10% gain. This rise in single-family...
February 16, 2018

Home Prices at All-Time High in 63 Percent of Metro Areas

We reported yesterday that single-family home prices rose in 92 percent of NAR’s measured markets during the final three months of 2017. Add the 5.3 percent price growth overall last year, and the cumulative price gain nationally since 2011 is...
February 14, 2018

WATCH: Realtors® January Housing Minute: A 52-Second Video of Market Activity

Existing-home sales closed 2017 on a softer note, but the prospects for sales gains in the months ahead look brighter as contract activity edged higher in December for the third straight month. Visit https://www.nar.realtor/videos/housing-minute to watch a 52-second, animated...

The Anatomy of a First-time Buyer in 2017

Prospective first-time buyers in recent years have had to navigate several obstacles on their path to homeownership, including higher rents and home prices, tight inventory conditions and repaying student loan debt. These impediments are a big reason why first-timers...
November 14, 2017

Instant Reaction: Q3 GDP

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Commerce Department release on Gross Domestic Product (GDP) in the third quarter: “Economic growth of 3% in the third quarter is quite impressive in light of...