according to the National Association of Realtors on Friday. A big factor behind the slowdown was elevated mortgage rates, which spent most of the year above 6.5%. Although rates hit a low of 6.08% in ...
In 2024, the median first-time homebuyer was 38 years old, up from age 35 the prior year, according to the National ...
With home prices high, American families are grappling with the prospect that homeownership might remain out of reach for them for a long time ...
Pending home sales fell 5.0% from a year earlier. On a regional basis, signings declined on both a monthly and annual basis in all four regions. Month-over-month the declines were led by an 8.1% drop ...
Existing home sales came in at 4.06 million on an annual basis in 2024, the lowest level since 1995, said the National Association ... rate decision. The Federal Reserve is cutting rates in ...
The U.S. Supreme Court turned down an appeal from the National Association of Realtors, leaving the embattled ... commissions have been in limbo since a federal jury verdict in the Sitzer-Burnett ...
The average sale price for a home in Minnesota rose to $404,512 in 2024 – an increase of 4.1%, compared to $388,602 in 2023.
according to the National Association of Realtors (NAR). An index level of 100 is equal to contract activity in 2001. Contract signings declined in all parts of the country, led by the most ...
Sales of previously owned homes, which make up the vast majority of the market, totaled 4.06 million in 2024, the National Association ... rate before the Federal Reserve began to hike interest ...
U.S. home sales haven’t been this low in decades, according to data released Friday by the National Association of ... Diane Swonk said. The Federal Reserve cut interest rates three times ...