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

Pending home sales slump for second-straight month

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

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

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

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