Latest National Association of Realtors News

Existing home sales rose in July, inventory ticked higher

Aug. 23, 2021 11:21 AM EDT

Sales of previously occupied U.S. homes rose for the second consecutive month in July, though only modestly from a year ago, suggesting the red-hot housing market may be cooling a little. Existing homes sales rose 2% last month from June to a seasonally-adjusted annual...

This Week: Home sales, Best Buy earns, consumer spending

Aug. 23, 2021 01:11 AM EDT

A look at some of the key business events and economic indicators upcoming this week: EYE ON HOUSING The National Association of Realtors issues its July tally of previously occupied U.S. homes Monday. Economists project that the...

Existing US home sales up in June; prices reach new heights

Jul. 22, 2021 11:11 AM EDT

Sales of previously occupied U.S. homes rose in June, snapping a four-month losing streak, while strong demand for higher-end properties and ultra-low mortgage rates helped push prices to new highs. Existing homes sales rose 1.4% last month from May to a...

This Week: Coca-Cola earns, US home sales, AmEx earns

Jul. 19, 2021 09:12 AM EDT

A look at some of the key business events and economic indicators upcoming this week: DRINK THIS Wall Street expects another solid quarterly report card from Coca-Cola. Analysts predict the beverage company’s second-quarter...

US home contract signings see big rebound in May

Jun. 30, 2021 12:37 PM EDT

SILVER SPRING, Md. (AP) — More Americans signed contracts to buy homes in May, a surprising rebound after months of cooling in the housing market, where lack of inventory has pushed prices to record levels. The National Association of Realtors’ index of pending home...

Surprise 5.9% drop in new home sales; prices hit record high

Jun. 23, 2021 11:26 AM EDT

WASHINGTON (AP) — Sales of new homes fell unexpectedly in May and the 5.9% retreat was the second consecutive monthly decline even as the median price hit an all-time high. The May sales decline pushed sales to a seasonally adjusted annual rate of 769,000, the Commerce...

US existing home sales fall again as prices continue to soar

Jun. 22, 2021 10:32 AM EDT

WASHINGTON (AP) — Sales of previously-occupied homes fell for the fourth straight month in May as soaring prices and a limited number of available properties discouraged many would-be buyers. Existing home sales dropped 0.9% last month from April to a...