With rising mortgage rates approaching 7% and high construction costs, new home sales dropped by double digits in September. The National Association of Home Builders (NAHB) reported that sales of newly built, single-family homes fell 10.9% in September, according to …
Read More »Tag Archives: National Association Of Realtors
Annual Existing-Home Sales Break 2006 Record
The National Association of Realtors (NAR) reported that despite a decline in existing-home sales in December, the annual sales numbers hit the highest point since 2006. Year-over-year sales for 2021 were up 8.5 percent and existing-home sales topped 6.12 million, …
Read More »Home Sweet Home: Housing Trends Q&A With Nadia Evangelou
Nadia Evangelou is a senior economist and director of forecasting at the National Association of REALTORS® (NAR). She focuses on regional and local market housing trends, including the effects of changing demographic and migration patterns, and has been involved in research …
Read More »4 Takeaways from the NAR 2021 Profile of Home Buyers and Sellers
Each year, the National Association of Realtors (NAR) takes a look at who makes up buyers and sellers in that year’s real estate market through surveys of recent homebuyers and sellers. The organization then publishes its annual Profile of Home …
Read More »August Existing Home Sales Drop, Median Prices Rise
The sale of existing homes dropped for the first time in two months, according to the National Association of Realtors. Existing home sales for August were down 1.5 percent from the same month in 2020 and down 2 percent from …
Read More »Pending Home Sales Rise 8% in May
New data from the National Association of Realtors® (NAR) shows pending home sales jumped 8 percent in May, up more than 13 percent from the same period in 2020. The association monitors home sales trends in four U.S. regions, all …
Read More »Home Staging Products to Sell Homes Faster and For More Money
Whether it’s a sellers’ or buyers’ market, real estate agents know that staging sells homes. In its 2021 Profile of Home Staging, the National Association of Realtors found that 82 percent of buyers’ agents agree that staging a home makes …
Read More »Existing Home Sales, Housing Starts Fall
New data shows the rate of existing home sales in the U.S. has fallen for the third consecutive month after reaching a record high in October. Additionally, April housing starts have also fallen since March. In total, existing home sales …
Read More »