Latest National Association of Realtors News

US home sales slowed again in September, falling to weakest annual pace in nearly 14 years

Oct. 23, 2024 16:54 PM EDT

LOS ANGELES (AP) — Sales of previously occupied U.S. homes slowed in September to the weakest annual pace in nearly 14 years even as mortgage rates eased and the supply of properties on the market continued to climb. Existing home sales fell 1% last month, from August, to a...

Next week: IMF global economic outlook, General Motors earnings, US existing home sales

Oct. 18, 2024 12:39 PM EDT

IMF OUTLOOK On Tuesday, the International Monetary Fund issues its semi-annual World Economic Outlook. In July, the IMF upgraded its economic outlook this year for China, India and Europe while modestly lowering expectations for the United States and Japan. The...

US home sales fell in August despite easing mortgage rates, more homes on the market

Sep. 19, 2024 16:15 PM EDT

LOS ANGELES (AP) — Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market continued to rise. Existing home sales fell 2.5% last month, from July, to a seasonally...

US home sales ended a 4-month slide in July amid easing mortgage rates, more homes on the market

Aug. 22, 2024 13:31 PM EDT

LOS ANGELES (AP) — Sales of previously occupied U.S. homes ended a four-month slide in July as easing mortgage rates and a pickup in properties on the market encouraged home shoppers. Existing home sales rose 1.3% last month from June to a seasonally adjusted annual rate of 3.95...

Looking to buy a home? You may now need to factor in the cost of your agent's commission

Aug. 16, 2024 06:09 AM EDT

LOS ANGELES (AP) — Thinking of buying a home with the help of a real estate agent? You can no longer take it for granted that a seller will cover the cost of your agent’s commission. Home sellers have traditionally offered a blanket commission to a buyer’s agent when they...