The latest release data as of August 2024 indicates a significant decline in agent mobility, with the seasonally adjusted AMI metric hitting a new record low. This trend suggests that agents are increasingly... Read more »
In August 2024, new home sales faced a significant decline, down 4.7% compared to the previous month, with a seasonally adjusted annual rate of 716,000 homes sold. This figure follows a notable increase of 10.6% in July, demonstrating... Read more »
Housing market trends are always changing. One month, prices are up; the next month, they’re down. It’s enough to make anyone’s head spin! So, what’s going on in the market right now? Let’s... Read more »
WASHINGTON, D.C—Existing-home sales fell in August, according to the National Association of Realtors. Three out of four major U.S. regions posted sales declines while the Midwest registered no change. Year-over-year, sales slipped... Read more »
The Conference Board Consumer Confidence Index, which measures American opinions of current economic conditions and their outlook for the next six months, rose in August to 103.3, from an upwardly revised 101.9... Read more »
The National Association of REALTORS® The National Association of REALTORS® is America’s largest trade association, representing 1.4 million members, including NAR’s institutes, societies, and councils, involved in all aspects of the residential... Read more »
Key Highlights Existing-home sales retreated 0.7% in August to a seasonally adjusted annual rate of 4.04 million. Sales dropped 15.3% from one year ago. The median existing-home sales price climbed 3.9% from... Read more »
Key Highlights Pending home sales slumped in August, down 7.1% from July. High interest rates have pushed mortgage rates above 7%, which has impacted home buying. Pending home sales dropped in all... Read more »