Pending home sales rose in January — but those gains are unlikely to last

The Pending Home Sales Index jumped 8.1 percent to a reading of 82.5 in January, before mortgage rates began another climb, according to data released Monday by the National Association of Realtors. Continue reading

NAR rolls out 5th ‘That’s Who We R’ ad campaign after fee hike

The campaign’s core message this year is “here for it all” with the aim of showing how the nation’s more than 1.5 million Realtors work to make the dream of property ownership a reality. Continue reading

CoStar will not acquire portal Realtor.com after all

Buying Realtor.com was viewed as a potential way for CoStar to take on Zillow. But CoStar CEO Andy Florance said Tuesday that his company would instead focus on its Homes.com business. Continue reading

Existing-home sales fell every single month in 2022, new NAR data shows

Total existing-home sales slid 0.7 percent between December and January to a seasonally adjusted annual rate of 4 million, according to new data released Tuesday by the National Association of Realtors. Continue reading

Nearly two-thirds of brokerage sites aren’t displaying commissions

Consumer Federation of America: Despite an NAR rule change, only Redfin displays buyer-agent compensation in virtually all of the major cities examined. Continue reading

National Association of Realtors’ Canadian twin is betting big on tech

The Canadian Real Estate Association, which owns and controls Canada’s most popular listing site, is spinning off into a tech company. Ex-CREA Chair Cliff Stevenson shared what’s in store. Continue reading

90% of all US metros charted price jumps in Q4 despite big rate hikes

Existing-home sales prices increased in nearly 90 percent of metro areas, but gains were smaller than the previous quarter, according to data released Thursday by the National Association of Realtors. Continue reading

2023 may sink some agents — and that may not be a bad thing

Economic downturns have historically shrunk the number of practicing Realtors. But those who stick around can end up doing even more deals, economists told Inman Intel. Continue reading

NAR-DOJ ruling divides agents over commission, pocket listing rules

Agents and brokers who spoke to Inman following the ruling in favor of NAR disagreed on who is “overreaching” in the case and on whether changes to the controversial rules are necessary. Continue reading

Federal court rules in favor of NAR in longtime DOJ probe

District court judge sets aside DOJ demand for information from the NAR on buyer broker commission and pocket listing rules. Continue reading