General

WASHINGTON (November 24, 2014) – Despite a slowing global economy, forward economic momentum in the U.S. should keep commercial real estate activity on firmer footing, according to the National Association of Realtors® quarterly commercial real estate forecast.

Lawrence Yun, NAR chief economist, says commercial activity should progress at a gradual pace heading into 2015. “Solid economic growth in the third quarter proved that the… Read More

WASHINGTON (December 10, 2014) – Metro areas with a lower cost of living and sunnier weather are poised to see an increased number of baby boomers moving in and buying a home as some delay retirement and remain participants in the labor market, according to new research by the National Association of Realtors^®.

NAR analyzed current population trends, housing affordability and local economic conditions in metropolitan statistical areas¹ across the U.S. to determine… Read More Continue Reading →

WASHINGTON (December 9, 2014) – Congress and the administration must address key policy issues in order to facilitate a healthy real estate market that serves current and future homeowners and drives the national economy forward, said the National Association of Realtors^® today in testimony before the U.S. Senate Banking Subcommittee on Housing.   

“The housing market hasn’t been this unwelcoming to first-time buyers since 1987,” said 2014 NAR Conventional… Read More

WASHINGTON (December 17, 2014) – The following is a statement by National Association of Realtors® President Chris Polychron:

“The U.S. Senate’s alarming failure to renew the federal terrorism risk insurance program before adjournment will stall commercial real estate development around the country. The Senate missed an opportunity to approve a six-year reauthorization of the Terrorism Risk Insurance Act, which passed the U.S. House of Representatives with overwhelming bipartisan support.

“TRIA provides a crucial framework for economic recovery in… Read More Continue Reading →

“The package of tax extensions approved by the U.S. House and Senate, and headed to the President’s desk for signature, includes important provisions that will help distressed homeowners and commercial property investors with transactions made during 2014. NAR applauds Congressional leaders in both chambers for their effort to pass this legislation before adjournment.

“… Read More Continue Reading →

WASHINGTON (December 22, 2014) – After hitting their highest level of the year, existing-home sales slid in November as housing supply showed some tightening, according to the National Association of Realtors®. All major regions experienced a decline in sales compared to a month earlier.

Total existing-home sales^{1… Read More}

CHICAGO (December 18, 2014) – The Canadian Real Estate Association, in cooperation with the National Association of Realtors®, has secured the rights to the .MLS top-level domain. CREA has registered Canadian certification marks for the letters MLS and the term “multiple listing service” in Canada and is the exclusive licensee of the Realtor® mark in Canada.

“It was important to keep the .MLS domain in the Realtor® family, and NAR was happy to work with our Canadian cousins in this effort,” ...

WASHINGTON (January 7, 2015) – Existing-home sales are forecasted to rise about 7 percent in 2015 behind a strengthening economy, solid job gains and a healthy increase in home prices, according to National Association of Realtors^® Chief Economist Lawrence Yun in a newly-released video on his 2015 housing market expectations.

In the NAR-published video, Yun discusses his expectations for the U.S. economy and housing market in 2015 and… Read More

WASHINGTON (December 31, 2014) — Pending home sales slightly improved in November and are above year-over-year levels for the third straight month, according to the National Association of Realtors®. All major regions except for the Midwest experienced a slight gain in activity in November.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, increased 0.8 percent to 104.8 in November from a slightly downwardly revised 104.0 in October and is now 4.1 percent… Read ...

WASHINGTON (January 7, 2015) –

The following is a statement by National Association of Realtors^® President Chris Polychron:

“Realtors^® applaud the U.S. House of Representatives for prioritizing the reauthorization of the federal terrorism risk insurance program and quickly passing the Terrorism Risk Insurance Act, which authorizes the program for six years. The program… Read More