US sees 8th record-breaking month of high-speed sales

Amid the continued shattering of annual sales pace records, inventory also took a slight hit during October, a report from realtor.com released on Wednesday showed. Continue reading

Home prices see double-digit price surge across almost 80% of metros in Q3: NAR

The median sales price of single-family existing homes increased in 99 percent of the 183 markets measured by the National Association of Realtors, while 78 percent of markets saw double-digit price gains. Continue reading

How agents use encrypted apps to scout off-market listings

Agents, investors and developers are using Telegram and Facebook’s free, encrypted instant messaging and voice-over-IP service to network and find off-market listings. Continue reading

Pending home sales take a hit in September: NAR

Slowed contract signings in September are a likely sign that home price growth will soon come back down to earth, NAR Chief Economist Lawrence Yun said. Continue reading

Realogy’s Q3 earnings defy expectations with $2.2B in revenue

Realogy reported a revenue increase of 15 percent year over year while recording a net income of $114 million, it was announced Thursday. Continue reading

Existing-home sales rebound in September after August dip: NAR

Existing-home sales made a rebound in September following a dip in sales in August, NAR reported. All four major U.S. regions saw an increase in sales from the previous month. Continue reading

Pending home sales beat projections following 2 months of declines: NAR

Pending home sales finally saw some positive growth in August, following two consecutive months of declines in June and July, the National Association of Realtors reported. Continue reading

New home sales see modest gains for second consecutive month

Sales of newly built single-family homes hit a seasonally adjusted annual rate of 740,000 in August 2021, up 1.5 percent from the revised July rate, according to the U.S. Census Bureau. Continue reading

Existing-home sales take a U-turn following 2-straight months of gains

Existing-home sales declined 2 percent between July and August to a seasonally adjusted annual rate of 5.88 million, with all geographical regions in the US seeing monthly and annual declines. Continue reading

REX takes new jab at NAR in blistering ‘cartel economics’ attack

The discount brokerage struck on Wednesday following the National Association of Realtors’ petition two days earlier to compel the DOJ to uphold its antitrust settlement. Continue reading