Fueled by positive job growth and an increase in available housing, the National Association of Realtors’ Pending Home Sales Index rose 1.6 percent in February,…
Posts published in “NAR chief economist Lawrence Yun”
A rising tide of economists are backing away from early forecasts that the U.S. is very likely to enter a recession later this year or…
In a positive sign for the real estate industry — and the spring homebuying season — pending home sales rose in December for the first…
This week, Byron Lazine and Nicole White discuss NAR chief economist Lawrence Yun’s recent testimony to Congress and 2022’s biggest residential real estate transactions (so…
Pending home sales dropped 3.9 percent from March to April, marking the sixth-straight month of declines amidst climbing mortgage rates, according to data released Thursday…
Existing-home sales decreased by 2.4 percent from March and 5.9 percent from the year before as declining affordability continued to put off homebuyers, according to…
Pending home sales dipped for the fifth-straight month in March, with the Pending Home Sales Index dropping 1.2 percent from February to 103.7, according to…
Total existing-home sales dropped by 2.7% from February 2022 and by 4.5% from March 2021 to a seasonally adjusted annual rate of 5.77 million, according…
In a year of sky-high demand, existing-home sales recorded a banner year with the sale of 6.12 million units and an 8.5 percent surge from…
The median existing-home sales price, meanwhile, soared 13.9 percent year over year in November as inventory plunged 13.3 percent, according to data released Wednesday by…