Latest National Association of Realtors News
US home sales ended a 4-month slide in July amid easing mortgage rates, more homes on the market
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
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...
US home sales fell in June to slowest pace since December amid rising mortgage rates, home prices
LOS ANGELES (AP) — The nation's housing slump deepened in June as sales of previously occupied homes slowed to their slowest pace since December, hampered by elevated mortgage rates and record-high prices. Sales of previously occupied U.S. homes fell 5.4% last month from May to a...
This Week: Existing home sales, quarterly GDP estimate, consumer spending data
A look at some of the key business events and economic indicators upcoming this week HOUSING BAROMETER Economists project that the nation’s home sales slump deepened in June for the fourth straight month. The National Association of Realtors is...
US homes find fewer foreign buyers as rising costs and a strong dollar leave market in record slump
LOS ANGELES (AP) — Sales of U.S. homes to Chinese, Canadian and other foreign buyers have fallen to the lowest level in more than a decade, hampered by a strong dollar and more hurdles that have kept the housing market in a deep sales slump for over two years. Some 54,300...
US home sales fall for the 3rd straight month in May amid rising mortgage rates, record-high prices
LOS ANGELES (AP) — Sales of previously occupied U.S. homes fell in May for the third straight month as rising mortgage rates and record-high prices discouraged many prospective homebuyers during what's traditionally the housing market’s busiest period of the year. Existing home...
This Week: Existing home sales, retail data for May and Kroger's first-quarter results
A look at some of the key business events and economic indicators upcoming this week: RETAIL RECEIPTS The Commerce Department on Tuesday reports retail sales data for May. Analysts expect that retail sales rose 0.3% last month after stagnating in April....
