Existing-home supply reached its highest level since 2019, but elevated payments and economic uncertainty pushed sales to a 14-month low
Tagged: National Association of Realtors (NAR)
Sales fell 10.5% in July as inventory climbed, leaving builders increasingly dependent on price cuts, mortgage-rate buydowns, and other incentives
Contract signings fell in every region during July, leaving purchase activity 30% below its 2019 level despite a larger workforce
More than half of recent sellers kept recording devices active, and nearly half of those who reviewed the footage said it influenced negotiations
Contract signings fell 5.4% from May as elevated borrowing costs and record home prices continued to pressure affordability, particularly for first-time buyers
Rising housing costs are pushing buyers to pool incomes and assets, creating new opportunities for lenders and originators
Monthly gains led by the South point to improving supply conditions, but affordability pressures and rate volatility continue to shape the spring housing market
Texas Realtors report shows aging buyer pool, rising all-cash purchases, and widespread price cuts among sellers in 2025
Two executive orders target development barriers and lending rules the administration says are driving up home prices
Slight improvements in housing affordability and financial assistance from family are helping younger Americans step into the housing market