NAR Forecasts 4.71 Million Existing-Home Sales, Improved Outlook for Home Buyers in 2024
December 13, 2023 14:53 ET
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National Association of Realtors®
WASHINGTON, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Key Highlights NAR predicts 4.71 million existing-home sales in 2024, up 13.5% from 4.1 million anticipated in 2023. Annual median home prices are...
Second Century Ventures Opens Applications for 2024 REACH U.S. Program
December 06, 2023 09:00 ET
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National Association of Realtors®
Chicago, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Second Century Ventures, the strategic investment arm of the National Association of Realtors®, opened applications today for the 2024 U.S. REACH...
Pending Home Sales Fell 1.5% in October
November 30, 2023 10:00 ET
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National Association of Realtors®
WASHINGTON, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Key Highlights Pending home sales decreased last month, down 1.5% from September.Month over month, contract signings intensified in the Northeast...
Existing-Home Sales Receded 4.1% in October
November 21, 2023 10:00 ET
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National Association of Realtors®
Washington, D.C., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Key Highlights Existing-home sales descended 4.1% in October to a seasonally adjusted annual rate of 3.79 million. Sales slumped 14.6%...
NAR Chief Economist Says Commercial Real Estate Will Revitalize, Calls on Federal Reserve to Consider Cutting Interest Rates
November 16, 2023 09:30 ET
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National Association of Realtors®
ANAHEIM, Calif., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Commercial property rates are expected to stabilize – aside from office space – and commercial real estate will revitalize, according to NAR Chief...
NAR Chief Economist Lawrence Yun Forecasts Existing Home Sales Will Rise by 15% Next Year and Mortgage Rates Will be Between 6-7% by Spring 2024
November 15, 2023 10:07 ET
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National Association of Realtors®
ANAHEIM, Calif., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Elevated mortgage rates, high home prices and limited housing inventory are making the dream of homeownership difficult for Americans, according to...
NAR Finds Typical Home Buyer’s Annual Household Income Climbed to Record High of $107,000 in Wake of Rising Home Prices and Mortgage Rates
November 13, 2023 09:00 ET
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National Association of Realtors®
WASHINGTON, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Key Highlights First-time buyers made up 32% of all home buyers, up from last year’s historic low of 26%, but still below the average of 38% since...
More Than 80% of Metro Areas Registered Home Price Increases in Third Quarter of 2023
November 09, 2023 10:00 ET
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National Association of Realtors®
Washington, D.C., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Key Highlights Single-family existing-home sales prices rose in 82% of measured metro areas – 182 of 221 – in the third quarter, up from...
12,000 Realtors® to “Own the Moment” at NAR NXT Annual Conference & Expo in Anaheim
November 08, 2023 09:00 ET
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National Association of Realtors®
Washington, D.C., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Realtors® from across the country and the world will converge on Anaheim, California, November 14–16 for 2023 NAR NXT, The Realtor® Experience,...
NAR Releases 2024 Statistical and Quarterly Economic Forecast News Release Schedule
November 02, 2023 09:00 ET
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National Association of Realtors®
Washington, D.C., Nov. 02, 2023 (GLOBE NEWSWIRE) -- The National Association of Realtors® today announced its 2024 statistical and quarterly economic forecast news release schedule. NATIONAL...