Tag Archives: NAR chief economist Lawrence Yun

Pending home sales slump for second-straight month

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Pending home sales saw a slight slump in July, dropping 1.8 percent to a Pending Home Sales Index of 110.7, according to the National Association of Realtors. Continue reading →

Existing-home sales rise for second consecutive month in July

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Total existing-home sales in July 2021 rose 2 percent on a seasonally adjusted annual basis from June to a rate of 5.99 million, according to the National Association of Realtors. Continue reading →

Home prices jump by double digits across nearly every US metro

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The median existing single-family home price rose 22.9 percent year over year during the second quarter of 2021, according to NAR. Continue reading →

Pending home sales fall further than expected in June

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Pending home sales dropped 1.9% in June, and 1.9% year over year to an index of 112.8, according to the National Association of Realtors’ Pending Home Sales Index, released Thursday. Continue reading →

U.S. existing home prices hit another record high in May: NAR

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Median existing-home price across all housing types hit a record high of $350,300 in May, up 23.6 percent from the year before, according to a new report released Tuesday morning by the National Association of Realtors (NAR). Home prices rose across al… Continue reading →

Pending-home sales take 4.4% hit in April

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In a reversal from the previous month, pending-home sales decreased in all regions except the Midwest, which saw gains of 3.5 percent from March to April. Continue reading →

$100K for a home in Brooklyn? Fuggedaboutit!

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The New York Times editorial board asked eight NYC mayoral candidates, “Do you know the median sales price for a home in Brooklyn?” Some candidate answers left New Yorkers baffled. Continue reading →

89% of all metro areas saw double-digit home price gains in Q1

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Amid widespread annual home price growth, 89 percent of all metro areas saw double-digit price gains, according to the National Association of Realtor’s First Quarter Metro Home Prices report. Continue reading →

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

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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 →

Pending-home sales fall 10.6%

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Pending-home sales also declined on an annual basis for the first time in eight consecutive months, according to the National Association of Realtors. Continue reading →