Tag Archives: lawrence yun

What to watch for at NAR’s annual conference this week

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NAR NXT in Orlando will feature sessions on fair housing, politics, market forecasts, MLS data-sharing and a proposed update to the Realtor Code of Ethics, among other topics. Continue reading →

Existing-home sales drop for 8th straight month in September

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Existing-home sales sagged 1.5 percent to a seasonally adjusted annual rate of 4.71 million, 23.8 percent lower than in Sept. 2021, according to data released Thursday by the National Association of Realtors. Continue reading →

Inflation up 8.2% over last year — and housing is largely to blame

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The government’s estimate of the cost of owning a primary residence rose 0.8 percent in September and was up 6.7 percent compared to a year ago, which is the largest 12-month increase in the category’s history. Continue reading →

Median sale price dips below $400K as existing-home transactions slip

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The median sale price of an existing U.S. home declined to $389,500 in August, down from July when it sat at $403,800, according to data released Wednesday by the National Association of Realtors. Continue reading →

After 2 years of hikes, rental market may be bound for ‘complete reversal’

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Yet another sign of a widespread housing slowdown emerged as monthly rent price acceleration declined after 20 consecutive months of rapid increases, new data suggests. Continue reading →

Housing inflation isn’t slowing yet. And it may prove tough to tame

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The slowing housing market has yet to significantly reduce costs for most Americans. But economists believe more rate hikes may be on the way. Continue reading →

Zillow to REX: Let’s unite against NAR’s ‘no-commingling rule’

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A legal battle of wills rages on as the three parties have motions to compel pending before the court. On Tuesday, REX pushed back against Zillow’s motion to compel, calling it a “fishing expedition.” Continue reading →

What does ‘housing recession’ even mean? Economists don’t really know

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The phrase “housing recession” has exploded in popularity, according to an analysis of search terms. But pinning down what it means and where it originated is surprisingly difficult, experts told Inman. Continue reading →

Pending home sales post modest decline in July after a rocky June

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Pending transactions were down 19.9 percent year over year, but just 1 percent month over month, according to data released Wednesday by the National Association of Realtors. Continue reading →