Tag Archives: National Association of Realtors (NAR)

Inventory increased by a modest amount, pushing it past three months’ of supply, while the median existing home sales price grew for the third month in a row. Find all the details in this breakdown of new NAR data.

The MBA, NAR, and NAHB have sent a letter to the Board of Governors of the Federal Reserve about the industry’s concerns over negative market impacts stemming from the Fed’s monetary policy actions.

NAR polled more than 176,000 executives and senior management officials at real estate firms and found that housing affordability has left fewer buyers able to purchase a home due to the rise in prices and interest rates, as many potential sellers remain in place rather than choosing to sell.

"It's clear that increased housing inventory and better interest rates are essential to revive the housing market," said NAR Chief Economist Yun. Click through for more on NAR’s August Pending Home Sales report.

A snapshot of August’s existing-home sales data revealed that available months of inventory increased to 3.3 while median sales prices topped $407,000.

"Texas has long been one of the most popular states for international buyers," said Marcus Phipps, 2023 Chairman of the Texas Realtors. "Our strong economy, diverse population and high quality of life make the Lone Star State an attractive destination."

According to a new NAR report, home prices increased by single-digits in 128 of the 221 metropolitan areas tracked. Here’s why NAR Chief Economist Lawrence Yun says that "affordability challenges are easing.”

According to a new report from the National Association of Realtors (NAR), international buyers and investors purchased $53.3 billion worth of residential properties from the period between April 2022 and March 2023, a 9.6% reduction from the previous year.

NAR reports that pending home sales nationwide rose in June, increasing in the Northeast and Midwest, while the South and West reported declines for the month.

A new bill seeks to protect single-family affordable housing stock, while cracking down on large corporate investors by restricting tax breaks.