Ever heard the phrase “damned with faint praise”? That’s what continually came to mind about the state of the housing recovery as journalists and industry representatives came together here for the annual conference of the National Association of Real Estate …
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First-Time Homebuyers Resurfacing in Some Areas
KB Home KBH -0.05% captured attention within the home-building industry on Friday with its disclosure that it has seen first-time home buyers resurface in certain markets, perhaps the earliest sign of a long-awaited resurgence needed to boost the industry back to …
Read More »Pending Home Sales Slowed in June
After three consecutive months of solid gains, pending home sales slowed modestly in June, according to the National Association of Realtors. The Pending Home Sales Index, a forward-looking indicator based on contract signings, declined 1.1 percent to 102.7 in June …
Read More »NAR® Announces Major National Advertising Campaign
WASHINGTON – As a new generation of home buyers enters into recovering real estate markets across the country, the National Association of Realtors® announced the launch of a major national advertising campaign in conjunction with realtor.com®, as well as a …
Read More »Homebuilder Confidence Jumps in July
The National Association of Home Builders (NAHB) reported its July Housing Market Index (HMI)—also known as the “homebuilder confidence index”—rose to 53 from the June reading of 49. Economists had been expecting a less-significant increase to 50. The report was …
Read More »Markets Improve; Mergers Heat Up
The Hardware Retailing Stock Index posted another positive close in June, buoyed by an improving housing market and gradually strengthening economic conditions. The index rose 6.71 points, or 0.55 percent, and closed at 1235.05. Advancing issues easily topped declining issues …
Read More »International Home Buyers Continue to Invest in U.S. Market
Favorable exchange rates, affordable home prices and rising affluence abroad continue to drive international buyers to the U.S. to purchase properties and make real estate investments. According to the National Association of Realtors’ 2014 Profile of International Home Buying Activity, for …
Read More »Existing-Home Sales Up in May, Inventory Levels Improving
Existing-home sales rose strongly in May and inventory gains continued to help moderate price growth, according to the National Association of Realtors®. All four regions of the country experienced sales gains compared to a month earlier. Total existing-home sales1, which …
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