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Tag Archives: National Association of Realtors

Existing-Home Sales Soar to Highest Level in Eight Years

Existing-home sales rose higher in July, while low inventory levels and rising prices are the largest factors lowering sales to first-time buyers to their lowest share since January, according to a report from the National Association of Realtors released Thursday.

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Despite Rising Prices, Over Half of Properties Sold at a Discounted Rate in May

As home prices continue to increase and the market picks up momentum, more properties are being sold at a discounted price. In a recent blog from the National Association of Realtors (NAR), author Scholastica Cororaton, a research economist at NAR found that 63 percent of properties sold at a discount compared to the listing price in May 2015, according to the May 2015 Realtors Confidence Index Survey.

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Report Finds Supply & Demand Growth is Driving Housing Market to New Highs

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Healthy demand and 4 percent month-over-month growth in supply are pushing housing markets to their best position since 2006, maintaining their springtime momentum and increasing sales in June 2015, according to Realtor.com’s ‘Advance Read on June Trends’ released today. Realtor.com also listed markets that receive double or triple the amount of views per listing on the site compared to national average.

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Pending Home Sales at Highest Level Since 2006

The National Association of Realtors (NAR) recently reported in their Pending Home Sales Index (PHSI) that, pending home sales increased in April for the fourth consecutive month and reached their highest peak in nine years. All four major regions saw growth in April, led by the Northeast and Midwest.

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