Contract activity was mixed among the four major U.S. regions, with the only positive month-over-month growth happening in the South, although each region achieved year-over-year gains in pending home sales transactions.
News Releases
With home prices setting records in many U.S. markets, the National Association of Realtors® is pleased to see the FHFA raise its national conforming loan limits for 2021. As we await final 2021 figures from the FHA, NAR urges federal policymakers to continue prioritizing market stability and access to safe, affordable financing for all U.S. consumers.
The eight-part series focuses on the relationship between Realtor® and homebuyer to provide viewers with a more genuine portrayal of the home buying process. It will stream on Roku, YouTube, and Facebook, as well as FirstTimeBuyer.realtor.
NAR remains concerned that the proposed rule could significantly raise costs for consumers, force Fannie Mae and Freddie Mac to assume greater risk in order to meet returns for investors, and undermine reforms made over the last decade.
Discussions also focused on current and future efforts by NAR to lead the industry's defense of fair housing.
Commercial property values have changed in the last six months due to the pandemic and real estate is currently in unchartered territory.
NAR explored the real estate industry’s growing reliance on technology and how the integration of artificial intelligence, augmented and virtual reality, digital transaction management and 5G innovations will impact the buying and selling experience.
NAR announced the release of a new interactive training platform designed to help combat discrimination in America’s real estate market – made available at no cost to real estate professionals throughout the country.
Existing-home sales continued to trend upward in October, marking five consecutive months of month-over-month gains.
The new leadership team was installed during NAR's virtual 2020 REALTORS® Conference & Expo.