Real Estate News and Home Sale Best Practices with Pat Kapowich, CRB

US Pending Home Sales Climbed 8.3% in December: NAR forecasts a 13% increase in existing-home sales from 2023 to 4.62 million national association of realtors press releasnationa national home sales Feb 07, 2024

Key Highlights

Pending home sales increased 8.3% in December.
Month over month, contract signings grew in the Midwest, South and West but reduced in the Northeast.
Compared to one year ago, pending home sales decreased in the Northeast but improved in the Midwest, South and West.

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Existing-Home Sales Slid 1.0% in December | National Assocation of Realtors® national association of realtors press release national home sales national home sales statistics Jan 20, 2024

Existing-home sales waned 1.0% in December to a seasonally adjusted annual rate of 3.78 million. Sales faded 6.2% from the previous year. The median existing-home sales price rose 4.4% from December...

NAR Forecasts 4.71 Million Existing-Home Sales, Improved Outlook for Home Buyers in 2024 national association of realtors press release national home sales Dec 15, 2023

NAR predicts 4.71 million existing-home sales in 2024, up 13.5% from 4.1 million anticipated in 2023.
Annual median home prices are expected to remain largely unchanged at the national level in 2024, for the second straight year, modestly improving affordability from rising...

Pending Home Sales Elevated 0.9% in July, Marking Second Consecutive Monthly Increase housing prices national association of realtors® home sales by press release national home sales Sep 09, 2023

August 30, 2023

Press Release | National Assocation of Realtors®

Pending home sales improved in July, up 0.9% from June.
Month over month, contract signings increased in the South and West but decreased in the Northeast and Midwest.
Pending home sales fell in all four...

National Association of Realtors® Home Sales by Press Release national association of realtors® national association of realtors® home sales by press release national home sales Aug 26, 2023

National Assocation of Realtor®

Existing-home sales fell 2.2% in July to a seasonally adjusted annual rate of 4.07 million. Sales receded 16.6% from one year ago.
The median existing-home sales price rose 1.9% from one year ago to...

Existing-Home Sales Retreated 3.3% in June; Monthly Median Sales Price Reached Second-Highest Amount Ever home sales performance market insights national ass national association of realtors® national association of realtors® press release national home sales real estate research Jul 22, 2023

WASHINGTON (July 20, 2023) – Existing-home sales slipped in June, according to the National Association of REALTORS® (NAR)

Existing-home sales dropped 3.3% in June to a seasonally adjusted annual rate of 4.16 million. Sales trailed off by 18.9% from one year ago.

Existing-Home Sales Faded Nationally 3.4% in April, 2023 | Nation Association of Realtors® national association of realtors® press release national home sales Jun 10, 2023

Existing-home sales receded 3.4% in April to a seasonally adjusted annual rate of 4.28 million. Sales fell 23.2% from one year ago.
The median existing-home sales price slipped 1.7% from one year ago to $388,800.
The inventory of unsold existing homes increased 7.2% from...