NAR: Home Prices Increased in 77% of Metro Areas in Third Quarter of 2025
“Home sales have struggled to gain traction, but prices continue to rise, contributing to record-high housing wealth,” said NAR Chief Economist Lawrence Yun.
“The decision reflects the progress of our Tarrytown project, which is providing additional lab and office space to meet the needs of our growing R&D pipeline, as well as our desire to keep more colleagues together on fewer campuses.”
“Over the past two years, it has been an extraordinary privilege to serve this remarkable association and its dedicated members. Together, we have made significant strides to strengthen HGAR’s foundation and prepare it for the future…”
The $607-million project is believed to be one of the largest private industrial developments in the history of Orange County.
Receive original business news about real estate and the REALTORS® who serve the lower Hudson Valley, delivered straight to your inbox. No credit card required.
“Home sales have struggled to gain traction, but prices continue to rise, contributing to record-high housing wealth,” said NAR Chief Economist Lawrence Yun.
The rally underscored our industry’s leadership in advancing housing policy and demonstrated the collective strength of Realtors when we unite around a common cause.
Technology continues to lead in private-sector job cuts as companies restructure amid AI integration, slower demand, and efficiency pressures.
“Each of these five agents brings a unique perspective and distinct skill set that will directly benefit the clients they serve,” said Lou Budetti, Principal Broker at ERA Insite Realty.
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($806,500 or less) increased to 6.31% from 6.30%.
New York recorded the lowest turnover rate among the top 50 metros, with only around 10 out of every 1,000 homes selling in the first nine months of the year.
The share of first-time buyers in the market has contracted by 50% since 2007—right before the Great Recession. The implications for the housing market are staggering.
LVR selected Fernandez as its CEO after a lengthy nationwide search.
The rally underscored our industry’s leadership in advancing housing policy and demonstrated the collective strength of Realtors when we unite around a common cause.
For Realtors, this moment is about more than voting it’s about advocacy, leadership and accountability.
The role of an LPC includes attending public meetings, tracking local legislation, reporting back to HGAR’s Government Affairs team, and supporting the association’s broader communications strategy.
Against this backdrop, HGAR and our partner associations have officially launched the “Vote Yes on Proposal 3” campaign, a nearly $400,000 initiative to modernize New York City’s land use process and unlock housing opportunities across all boroughs.
“Home sales have struggled to gain traction, but prices continue to rise, contributing to record-high housing wealth,” said NAR Chief Economist Lawrence Yun.
New York recorded the lowest turnover rate among the top 50 metros, with only around 10 out of every 1,000 homes selling in the first nine months of the year.
The share of first-time buyers in the market has contracted by 50% since 2007—right before the Great Recession. The implications for the housing market are staggering.
As inventory inches up and prices continue to rise, more households are being locked out of homeownership and pushed into rental markets that cannot keep up.
“Home sales have struggled to gain traction, but prices continue to rise, contributing to record-high housing wealth,” said NAR Chief Economist Lawrence Yun.
Technology continues to lead in private-sector job cuts as companies restructure amid AI integration, slower demand, and efficiency pressures.
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($806,500 or less) increased to 6.31% from 6.30%.
New York recorded the lowest turnover rate among the top 50 metros, with only around 10 out of every 1,000 homes selling in the first nine months of the year.
Make no mistake: healthcare is economic development.
The work of transformation is ongoing—and it belongs to all of us.
Our industry represents one-fifth of US GDP. It drives economic growth and enables millions of Americans to build intergenerational wealth. However, too many in the industry think they are the economic engine and wealth creator—they aren’t.
When a building sits empty, it not only blights the landscape but also erodes a community’s tax base.
“Each of these five agents brings a unique perspective and distinct skill set that will directly benefit the clients they serve,” said Lou Budetti, Principal Broker at ERA Insite Realty.
Smith, an Associate Broker with Rand Commercial, will be celebrated at the Ottaway Medal Dinner on Thursday, May 7, 2026, at Villa Venezia in Middletown.
The 20 NAR members selected will participate in a diverse range of educational experiences as they join a nationwide community of volunteer leaders.
Newton brings a unique blend of legal acumen and industry insight during a critical time of transformation for NAR and its members.
Receive original business news about real estate and the REALTORS® who serve the lower Hudson Valley, delivered straight to your inbox. No credit card required.