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Pending Home Sales Fell 1.5% in October

Pending Home Sales Fell 1.5% in October During October 2023, mortgage rates were at their highest, and contract signings for existing homes were at their lowest in more than 20 years. Media Contact:  Lauren Cozzi 202-383-1178

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Existing-Home Sales Receded 4.1% in October

Existing-Home Sales Receded 4.1% in October Prospective homebuyers experienced another difficult month due to lack of housing inventory and the highest mortgage rates in a generation. Media Contact:  Troy Green 202-383-1042

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National Association of Realtors® Installs 2024 Leadership

National Association of REALTORS® Installs 2024 Leaders Meet the 2024 NAR Leadership Team. Media Contact:  Troy Green 202-383-1042

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NAR Panel Discusses Multigenerational Housing Model as a Remedy for Housing Supply Shortages

NAR Panel Discusses Multigenerational Housing Model Multigenerational housing can be a model to help address housing supply shortages and growing homeownership gaps. Media Contact:  Tori Syrek Multifamily Housing Development &...

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NAR REALTOR Benefits® Partners Honored for Exceptional Service and Innovation

NAR REALTOR Benefits® Partners Honored NAR celebrated the achievements of its NAR REALTOR Benefits® partners with an awards ceremony at the 2023 NAR NXT, The Realtor® Experience. Media Contact:  Spencer High 202-383-1051

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Experts Discuss Transformative Role of Artificial Intelligence in Real Estate

The Transformative Role of AI in Real Estate Two sessions at NAR NXT: The REALTOR® Experience focused on how automation and AI is reshaping real estate marketing and operations. Media Contact:  Spencer High 202-383-1051 Real Estate...

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NAR Chief Economist Says Commercial Real Estate Will Revitalize, Calls on Federal Reserve to Consider Cutting Interest Rates

NAR Chief Economist Calls on Fed to Cut Interest Rates There's tremendous difficulty in the commercial real estate market, with higher interest rates hindering borrowing and making refinancing costly. Media Contact:  Lauren Cozzi ...

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NAR Presents Realtor® Greg Herb With Distinguished Service Award

Distinguished Service Award Presented to Greg Herb Greg has had a tremendous impact on the real estate industry through his trailblazing accomplishments and service to his fellow REALTORS® nationwide. Media Contact:  Troy Green ...

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NAR Presents Realtor® Mike McGrew With Distinguished Service Award

Distinguished Service Award Presented to Mike McGrew Mike's commitment to the local, state, and national levels of NAR and his charitable work epitomizes the Distinguished Service Award. Media Contact:  Troy Green 202-383-1042

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NAR Chief Economist Lawrence Yun Forecasts Existing Home Sales Will Rise by 13.5% Next Year and Mortgage Rates Will be Between 6-7% by Spring 2024

Forecast: Existing-Home Sales Will Rise 13.5% in 2024 Elevated mortgage rates, high home prices and limited housing inventory are making the dream of homeownership difficult for Americans. Media Contact:  Lauren Cozzi ...

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