
February Pending Sales Are Up for a Third Straight Month
The National Association of REALTORS® (NAR) announced a third monthly increase in its report on February pending sales, with three U.S. regions reporting increases while the West declined.

The National Association of REALTORS® (NAR) announced a third monthly increase in its report on February pending sales, with three U.S. regions reporting increases while the West declined.

According to the National Association of REALTORS® (NAR), existing home sales increased 14.5% month over month in February but fell 22.6% year over year. Meanwhile, inventory remains low and higher mortgage rates are keeping sellers on the sidelines.

In a small win for NAR, United States District Judge Timothy Kelly ruled that settlement terms agreed to in 2020 are valid, including the closure of the Antitrust Division’s investigation into NAR’s Participation Rule and Clear Cooperation Policy.

The National Association of REALTORS® shared their Pending Home Sales Index (PHSI) for October 2022, showing a decline for the fifth straight month, falling 4.6% from September and 37.0% from October 2021.

Augmented reality is creeping in to every industry. Here are five ways AR could change the real estate industry.

NAR released its 2022 Profile of Home Buyers and Sellers. We highlight the biggest home buyer trends, including what first-time home buyers are doing to secure homeownership in today’s market.

NAR released its 2022 Technology Survey with Realtor® perspectives on the technology tools they use in their business, with surprising insights into social media use. Here are the highlights.

The National Association of REALTORS®’ second quarter report shows double-digit price gains in 80% of metro markets. Learn which markets had the most growth.