Market
Report: New York City Metro Housing Costs Skyrocketed by 68% in Last Decade
Housing costs in New York City and the surrounding suburbs have grown more than 68% over the last decade, the largest increase among selected major metropolitan areas in the U.S.
Pending Home Sales Flat in November; NAR Expects Higher Sales in 2024
The Northeast, Midwest and West posted monthly gains in transactions while the South recorded a loss. All four U.S. regions registered year-over-year declines in transactions.
NAR: U.S. Home Sales Ended Five-Month Slide in November; Northeast Sales Fell 2.1%
WASHINGTON—Existing-home sales grew in November, breaking a streak of five consecutive monthly declines, according to data released on Dec.
NAR Predicts 13% Increase in New, Existing Home Sales in 2024
NAR sees green shoots and predicts an improving market in 2024, with four rate cuts to calm inflation and settle mortgage rates near 6%.
Realtors Agree the Housing Market Will Improve in 2024
Although each has a unique view, all agree the residential real estate market in the Hudson Gateway Association of Realtors market area will improve in 2024.
U.S. Pending Home Sales Fell to Record Low in October
Pending home sales dropped 1.5% in October, the lowest level since NAR started tracking pending sales more than 20 years ago. But a turnaround could be sight.
U.S. Existing-Home Sales Fell 4.1% in October
Existing home sales fell year over year all over the United States, down 14.6% to a seasonally adjusted rate of 3.79 million completed transactions that include single-family homes, townhomes, condominiums and co-ops.
NAR: More Than 80% of Metro Areas Registered Home Price Increases in Third Quarter of 2023
Among the major U.S. regions, the South saw the largest share of single-family existing-home sales (46%) in the third quarter, with year-over-year price appreciation of 1.7%. Prices also grew 5.3% in the Northeast, 5.2% in the Midwest and 0.6% in the West.
NAR: U.S. Pending Home Sales Grew 1.1% in September
WASHINGTON—Pending home sales rose 1.1% in September, according to the National Association of Realtors. The Northeast, Midwest and
NAR Chief Economist Yun Predicts Better Times Ahead in 2024 for Residential Real Estate Market
National Association of REALTORS® Chief Economist Lawrence Yun believes that better times are ahead for the real estate market in 2024.