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Existing-Home Sales Slip 5.9% in March
Home buying and selling remained sluggish in March due to the affordability challenges associated with high rates, NAR Chief Economist Lawrence Yun said. WASHINGTON — Existing-home sales descended in March, according to the National Association of Realtors®. Sales slid in all four major U.S. regions. Year-over-year, sales dropped in the Midwest and South, increased in […]
U.S. Pending Home Sales Rose 6.1% in March
Pending home sales jumped 9.8% in the South (including Florida) in March – leading all regions – as lower mortgage rates fueled strong spring homebuying activity. WASHINGTON — Pending home sales increased 6.1% in March – the greatest month-to-month increase since December 2023 (+7.0%) – according to the National Association of Realtors®. The Northeast experienced […]
May Leads as Top Month to Sell a Home
May, February and April bring the highest seller premiums, making this month a prime time to list, according to a 10-year ATTOM home sales analysis. IRVINE, Calif. — The months of May, February and April offer the highest seller premiums – making this month the time to sell your home, the real estate analytics firm […]
Home Prices Up in Many U.S. Metros in Q1 2025
More than 80% of U.S. metros saw price gains in Q1 2025, with 11% of areas experiencing double-digit increases. The national median price grew 3.4% year-over-year. WASHINGTON — More than 80% of metro markets (189 out of 228, or 83%) registered home price gains in the first quarter of 2025, as the 30-year fixed mortgage […]
April 2025: Florida Housing Report
Market Update for April 2025With Brad O’Connor Ph.D.TRT: 3m 28sVideo Transcription Brad O’Connor directly addresses camera: The latest housing market statistics for the Sunshine State have just been published by Florida Realtors®. So, let’s take a look at how the housing market fared in April. The median sale price for closed single family home sales […]
Consumers More Positive on Housing Market
Housing sentiment improved in May as optimism rose for mortgage rates, buying and selling conditions, job security and home prices, Fannie Mae said. WASHINGTON — Consumers sentiment about the housing market improved in May with both buyers and sellers more optimistic about the future of mortgage rates, buying conditions and home prices, among other factors. […]
Pending Home Sales Increase 1.8% in May
NAR: Pending home sales rose 1.1% year-over-year. The West led monthly gains, while the Midwest and South grew yearly. Rates still drive buyer decisions. WASHINGTON — Pending home sales increased by 1.8% in May from the prior month and 1.1% year-over-year, according to the National Association of Realtors® Pending Home Sales report. All four U.S. […]
NAR Forecast Sees 2026 Market Rebound By Melissa Dittmann Tracey
NAR economists project lower rates, rising inventory and a 14% sales increase in 2026, though progress will vary by market as affordability and supply differ locally. CHICAGO – Top economists have one word to sum up the housing market for 2026: opportunity. Lower mortgage rates and a rising supply of homes are expected to open […]