Stories about NAR, its work, and its members in major media outlets.
Latest
Latest
Contrary to popular belief, boomers might not have had easier roads when they bought their first homes.
Depending on your market, you might easily be able to acquire stats for, say, Black or Asian homeownership.
U.S. home prices hit an all-time high in May, 2024, with the median price jumping 5.8% from the year prior, while sales saw a 2.8% decline.
May is typically peak season for buying and selling houses. But fewer existing homes were sold last month than in April.
The latest existing-home sales data for May came in lower by 0.7% for the month of May, with the median sales price of homes reaching $419,300.
Home prices reaching new highs are creating a wider divide between those owning properties and those who wish to be first-time buyers.
The national median existing-home price in May 2024 was $419,300, a record in data going back to 1999.
The 2024 C5 + CCIM Global Summit provides business, learning and networking opportunities for commercial real estate professionals while also leaning into what’s new and next in this dynamic industry.
Drops in mortgage rates, even marginal ones, are generally welcomed by home buyers sensitive to rates, yet buying activity has stayed persistently low.