As buyers cautiously reentered the market, existing-home sales rose 4.2 percent from January to 4.26 million, according to data released Thursday by NAR. Compared to last year, sales remained down by 1.2 percent. Continue reading
Privately owned housing starts rose 11.2 percent but still fell behind February 2024 activity, according to data released Tuesday by the U.S. Census Bureau and the Department of Housing and Urban Development. Continue reading
As NAR prepares to announce its pocket listing rule decision “in the coming weeks,” attorney Michael Ketchmark said his firm will consider legal action against brokers who vote to maintain the rule. Continue reading
Despite builders’ best efforts, America’s 3.8 million housing gap won’t be closed until 2032, according to a new analysis. Realtor.com is aiming to expedite that timeline with a new zoning campaign. Continue reading
The Pending Home Sales Index (PHSI), which tracks home sales based on contract signings, dropped 4.6 percent to 70.6 in January, marking an all-time low, while pending transactions fell 5.2 percent year over year. Continue reading
Existing-home sales dropped in January, as high mortgage rates and rising home prices continued to squeeze buyers, according to the National Association of Realtors (NAR). Existing-home sales fell 4.9 percent in January to a seasonally adjusted rate of… Continue reading
The Pending Home Sales Index (PHSI), which tracks contract signings as a measure of future home sales, fell 5.5 percent to 74.2 in December, according to data released Thursday by the National Association of Realtors. Continue reading
From pricey California to Florida’s downturn and Connecticut’s return to boom times, an Inman analysis of listing data reveals three regions where brokers, agents and clients are facing challenges. Continue reading
A sleeping giant that’s righting the ship. A crown-jewel destination that’s still in freefall. And a white-hot zone trapped in a low-inventory quagmire. These are the three strangest housing regions in the U.S. today. Continue reading
Agents are having very different experiences in the Midwest compared to the coastal South. Intel breaks down two years of Realtor.com data to get to the bottom of this split market. Continue reading