Pending-home sales increase following 2 months of declines: NAR

The pending home sales index rose from the previous month in every U.S. region but the Midwest, while all regions saw gains year over year. Continue reading

Buying is more affordable than renting in 53% of the U.S.

According to Attom Data Solutions’ latest Rental Affordability Report, buying is more affordable than renting for the average wage earner in the majority of U.S. markets, despite home-price growth outpacing wage growth. Continue reading

November inventory nosedives as demand outpaces supply

Inventory levels declined 9.5 percent year-over-year in November as low mortgage rates push more buyers to the market. Continue reading

Price growth in the nation’s metros continues to slow

The median existing single-family home price in the country’s metro areas rose 3.9 percent year-over-year in the first quarter of 2019, according to NAR. Continue reading

Pending home sales decrease in August, marking 8-month decline

Pending home sales dropped 2.3 percent in August — the eighth consecutive month of annualized declines, according to the National Association of Realtors. Continue reading