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National Association of Realtors® Unveils 10 Top Housing Hot Spots for 2025
National Association of Realtors® Unveils 10 Top Housing Hot Spots for 2025 Key Highlights The South region leads with four of the 10 housing hot spots, followed by the Midwest with three. NAR predicts that mortgage rates will stabilize near 6% in 2025. NAR projects 4.5 million existing home sales and a $410,700 median existing-home…
Read MorePending Home Sales Climbed 2.0% in October, Third Straight Month of Gains
Pending Home Sales Climbed 2.0% in October, Third Straight Month of Gains https://www.nar.realtor/newsroom/pending-home-sales-climbed-2-0-in-october-third-straight-month-of-gains Key Highlights Pending home sales in October increased 2.0%. Compared to one month ago, pending sales grew in all four major U.S. regions, led by the Northeast. Year-over-year, contract signings rose in all four U.S. regions, with the West showing the highest…
Read MoreExisting-Home Sales Slid 1.0% in September
Existing-Home Sales Slid 1.0% in September https://www.nar.realtor/newsroom/existing-home-sales-slid-1-0-in-september Key Highlights Existing-home sales descended 1.0% in September to a seasonally adjusted annual rate of 3.84 million. Sales dipped 3.5% from one year ago. The median existing-home sales price climbed 3.0% from September 2023 to $404,500, the 15th consecutive month of year-over-year price increases. The inventory of unsold…
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