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Existing Home Sales Jump to their Fastest Rate in Nearly 10 Years

The National Association of Realtors (NAR) reported that existing home sales increased 3.3 percent in January, rising to its highest annual level since February 2007. There were 5.69 million existing...

US existing home sales hit 10-year high in January

WASHINGTON, Feb 22 (Reuters) - U.S. home resales surged to a 10-year high in January as buyers shrugged of higher prices and mortgage rates, a sign of growing confidence in the economy. The National Association of Realtors said on Wednesday existing home sales jumped 3.3 percent to a seasonally adjusted annual rate of 5.69 million units last month. Show More Summary

Here come existing home sales ...

The National Association of Realtors will publish details of US existing home sales during January at 10 a.m. ET. Economists forecast that sales of existing condos, coops, townhomes, and single-family houses rose 1.1% at a seasonally...Show More Summary

Greg Abbott defends women and children after NFL threat over TX bathroom bill

Less than a year ago, the National Basketball Association threatened to move the annual All Star game from the home of the Charlotte Hornets if the state of North Carolina refused to make it legal for grown men to use the little girls room. Show More Summary

As more Americans work from home, flex space can bring value

Dive Brief: The share of the American workforce doing some or all of their job from home rose from 19% in 2003 to 24% in 2015, according to an analysis of Bureau of Labor Statistics data by the National Association of Home Builders. Of that figure, most at-home workers ages 16 and older were found...

NAHB: Builder Confidence decreased to 65 in February

The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 65 in February, down from 67 in January. Any number above 50 indicates that more builders view sales conditions as good than poor.From NAHB:...Show More Summary

The salary you need to earn to buy a home right now in 23 of the most expensive housing markets in America

In the final quarter of 2016, home prices in the US climbed past expectations as the housing supply reached record lows, according to the National Association of Realtors (NAR). On average, 87% of the 150 housing markets tracked by NAR experienced rising home prices in 2016, up from an average of 75% in 2014. Show More Summary

Home prices reached peak levels in majority of metros in 2016

The National Association of Realtors (NAR) released its latest Metropolitan Median Area Prices and Affordability report, which boasted the best quarterly sales pace of the year and the highest sales prices since 2005 in half of the measured markets...

6 polarizing real estate practices: Where do you stand?

To try to win new business, many real estate agents cold call homesellers after they take their homes off the market. But according to Nobu Hata, director of membership engagement at the National Association of Realtors (NAR), a handful have taken things a step further: they contact the families of those homeowners as well...

How much down payment is required to buy? NAR aspiring buyer profile shows most don’t know

The National Association of Realtors (NAR) released its 2016 Aspiring Home Buyer Profile, which revealed one of the top barriers would-be homebuyers face -- misconceptions about down payments...

Pending home sales close 2016 slightly up from 2015

While the National Association of Realtors’ Existing-Home Sales Report signaled an "autumn revival" last fall, the Pending Home Sales Index (PHSI) painted a bit of a different picture, with rollercoaster indices that took a sharp turn downward in November thanks to continuing inventory problems and increasing mortgage rates...

Here come pending home sales...

The latest report on pending home sales from the National Association of Realtors (NAR) is due out at 10:00 a.m. ET. The measure of single family homes, co-ops, and condos with contracts signed is expected to rise by 1.1% for the month of December from the month before. Show More Summary

5 reasons it will be harder to buy a house in 2017

Nearly 5.5 million previously lived-in homes were sold last year, making 2016 the strongest for the housing market since 2006. But sales slipped in 2.8 percent from November to December, according to the National Association of Realtors (NAR), and sales of new homes fell to a 10-month low, according to the Commerce Department. Show More Summary

How the GOP's tax plan could hurt the value of your home

Until recently, the mortgage interest deduction was right up there with Social Security as a sacrosanct institution on Capitol Hill, protected by lawmakers on both sides of the aisle. Backed by the powerful National Association of Realtors...Show More Summary

'Reality finally caught up' with the most important part of the US housing market

Existing home sales in the US booked a weaker-than-expected December but saw their strongest year since 2006. Sales decreased by 2.8% at a seasonally adjusted annual rate of 5.49 million in December, according to the National Association...Show More Summary

Existing US home fell in December as supplies at 17-year low

Americans retreated from purchasing homes in December, as the number of properties listed for sale sank to its lowest level since 1999. The National Association of Realtors said Tuesday that … Click to Continue »

NAHB: Builder Confidence decreased to 67 in January

The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 67 in January, down from 69 in December. Any number above 50 indicates that more builders view sales conditions as good than poor.From CNBC:...Show More Summary

A Downside To The Trump Rally? Pending Home Sales Plunge After Surge In Mortgage Rates

New data from the National Association of Realtors indicates the Trump rally in bond markets is causing the U.S. housing market to cool off.

Pending home sales fell again in November, says NAR

The National Association of Realtors' Pending Home Sales Index (PHSI) has been on a rollercoaster. Now, the PHSI has taken a downward track due to an increase in mortgage rates and continuing supply woes...

Existing home sales rise to the best level since the financial crisis

Existing home sales rose more than expected in November, according to the National Association of Realtors. Sales increased by 0.7% at a seasonally adjusted annual rate of 5.61 million. Economists had forecast that sales fell by 1.8%...Show More Summary

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