Newsroom

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.

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.