National Association of Realtors (NAR)

Lack of inventory, high mortgage rates holding down sales of existing homes, NAR says.

Second-straight monthly decline came despite a 7.2% increase in inventory.

File amicus brief in support of regulator in case to be heard later this year.

Stakeholders hopeful that agency will proactively seek greater input before proposing future changes.

NAR Chief Economist says he expects Fed to stop boosting rates.

NAR's Pending Home Sales Index fell 5.2% to 78.9 in March, the lowest level since November 2022.