National Association of Realtors

Home sales fell sharply in March and weekly mortgage applications plunged as high interest rates and economic uncertainty stifled demand as the spring home-buying season got underway.  The Details: Sales of previously owned homes in March fell 5.9% from February to 4.02 million units on a...

President Donald Trump’s tariff announcements led to a sell-off in the stock market and prompted investors to move to safer assets such as Treasury bonds. The 10-year Treasury yield declined and the average 30-year fixed mortgage rate dropped from 6.75% to 6.55% last week.  Mortgage Rates:...

As summer unfolds, the U.S. housing market has recently hit some considerable milestones that demand attention, according to data released recently by the National Association of Realtors (NAR). In June 2024, existing home sales took a sharp dip of 5.4%, the most substantial drop since November...

Foreign investment in U.S. homes has dropped to its lowest in 15 years, as per a fresh report by the National Association of Realtors. Low supply and high prices have scared many foreign investors away from U.S. real estate, marking the seventh consecutive yearly drop in sales for this cohort. The...

In a landmark decision, the National Association of Realtors (NAR) chose to resolve allegations through a settlement that claimed the organization was responsible for inflating real estate commissions. This development is anticipated to have significant repercussions for costs associated with real...

On the heals of strong results by Toll Brothers Inc (NYSE:TOL) this week, rising sales of existing homes suggested additional good news for the U.S. housing market. Having been stuck in a slump in 2023 due to high mortgage rates, which peaked at 7.79% in October, the final quarter saw some...

Sales of existing homes fell in October as the market continued to suffer from low availability and high mortgage rates. Data from the National Association of Realtors published on Tuesday showed that existing home sales fell by 4.1% in October from the previous month, down to a seasonally adjusted...

Existing home sales saw a decline of 0.7% in August, reaching a seasonally adjusted annual rate of 4.04 million, marking a 15.3% drop from the previous year. The dip in home sales comes as median existing-home sales prices climbed 3.9% from a year ago to $407,100, marking the third consecutive...

For the first time in over a decade, the median price of existing homes in the U.S. fell by 0.2% year-over-year in February to $363,000, according to National Association of Realtors (NAR) data issued Tuesday. The year-over-year decrease marks the first since 2012, and comes after prices hit an all...

Mortgage rates are back on the rise due to a strong performance in retail sales and labor market data, along with positive monthly inflation readings. This has raised the prospect of the Federal Reserve continuing its interest rate hiking campaign through the summer. As a result, existing home...

Last year made homeownership even harder for young adults, who already struggled with first-time home buying. What Happened: Millennials are no longer the largest demographic of homebuyers, as they were in 2020 and 2021, according to the National Association of Realtors' (NAR) 2022 Profile of...

The Federal Reserve was under pressure to start its roughly one-year-long journey to control inflation by raising interest rates as a result of stubbornly high costs during 2022. The housing market has been under tremendous pressure as a result of those month-over-month rises in interest rates...

The S&P 500 traded lower for the third consecutive week on concerns inflation may be more stubborn than anticipated. On Friday, the Bureau of Economic Analysis reported the personal consumption expenditures price index increased by 5.5% year-over-year in the month of November, down from 6.1% in...

High mortgage interest rates may prompt a prospective buyer to look for non-loan options for buying a property. And, while the competition for a new home may not be as fierce as it was in 2021, you may still need to put in some extra effort to beat out the competition for the appropriate home. An...

U.S. home sales to Chinese buyers dropped to at least an 11-year low in 2020 as travel restrictions imposed to restrain the COVID-19 spread and a weakening U.S. dollar kept buyers away, shows the latest data from the National Association of Realtors. What Happened: The sale of existing homes...