Thirty percent of the 221 tracked metro areas experienced double-digit price gains over the same period, up from 15% in the fourth quarter of 2023.
News Releases
Discussion at NAR's Federal Legislative and Political Forum during the 2024 REALTORS® Legislative Meetings covered a range of topics, from legislative accomplishments to market outlooks.
Chief Economist Lawrence Yun forecasts that 2024 existing-home sales will rise to 4.46 million and 2025 existing-home sales will increase to 5.05 million, with further gains in eight of the next 10 years.
NAR's Property Management Forum brought together industry leaders, members of local and state associations of REALTORS®, federal advocacy organizations, and professionals from across the property management spectrum to discuss pressing issues facing the sector.
It is vital that Congress supports policies that promote the growth of the real estate industry; the newly formed caucus aims to accomplish this.
CRD's partnership with Shaping Wealth will enhances NAR members' ability to serve their clients with empathy, integrity and professionalism.
The new process allows consumers to more readily obtain a second look at appraisals when they disagree with them.
Monthly volunteering and annual monetary donations by Realtors® both increased this past year, demonstrating Realtors®’ continued dedication to giving back.
The FHFA's work promotes more fairness and greater soundness in the housing finance system and, ultimately, more homeownership opportunities for more Americans.
NAR forecasts 4.46 million existing-home sales in 2024, a 9% increase from 2023.