Tagged: National Association of Realtors (NAR)

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%.

NAR says month-over-month contract activity rose in all four U.S. Regions

On a year-over-year basis, though, all four regions witnessed sales decreases.

The median sales price of single-family existing homes rose in 99% of 183 measured market areas in the third quarter, with double-digit price gains in 78% of the markets.

All 4 U.S. regions post month-over-month gains, but 3 of 4 post year-over-year declines.