Each of the four major U.S. regions saw sales of existing homes fall on a month-over-month basis in February.
Tagged: National Association of Realtors (NAR)
Middle class homeownership created $2.1 million in wealth over a decade studied by the NAR
Slump continues three-month drop in transactions.
The Black homeownership rate is lower than a decade ago, while Hispanic homeownership is at all-time high.
After declining in December, sales of existing homes rose 6.7% in January, despite housing inventory being at an all-time low.
Report by NAR, Realtors.com finds record-high prices & record-low inventory makes it difficult for consumers, and especially Black consumers, to buy houses.
Claims REX-Real Estate Exchange Inc. deceives consumers; suit follows antitrust complaint REX filed vs. NAR, Zillow & Trulia last year.
Contract signings fall for second straight month as all four U.S. regions posted monthly and yearly declines.
NAR reports that despite dip in December, overall sales totaled 6.12 million, up 8.5% from 2020.
National Association of Realtors says sales rose nearly 2% from October, but inventory decreased 13.3%.