Tagged: National Association of Realtors (NAR)
Median house price was $403,800, up nearly 11% YOY, but down from June.
NAR report says housing affordability tumbled dramatically in the second quarter.
The National Association of Realtors announced its expansion on Monday, which will launch its first multi-association and multiple listing service REACH Lab.
A number of housing associations have stated their support for the legislation, which allows for remote notarizaiton.
The Biden Administration announced a plan with billions of dollars for new steps to tackle the housing supply crisis.
The Pending Home Sales Index (PHSI) dipped 8.6% to 91.0 for the month of June.
Lack of inventory continues to support growth in prices, which have increased year over year for 124 straight months.
Sales have declined for five straight months.