NAR in the News

Participants can choose from more than 100 education sessions and interact with more than 350 exhibitors at the real estate industry's largest trade show.

With mortgage rates near their highest level in more than 20 years, even veterans who often get more favorable loan terms are feeling the pinch.

A group of Missouri home sellers argued that real estate agent fees hurt consumers by artificially inflating home prices.

Total nonfarm payroll growth increased by 150,000 in October, and the unemployment rate changed little, increasing 3.9% over last month's 3.8%.

U.S. pending home sales ticked up in September despite mortgage rates surging over 7%.

With the average 30-year fixed mortgage rate around 8%, the highest since 2000, home affordability is at its worst level since at least 1989.

Sales of previously occupied U.S. homes fell for the fourth month in a row in September 2023, held back by surging mortgage rates and a thin supply of properties on the market.

High rates are also limiting the inventory of homes on the market, because homeowners with low rates are unwilling to sell and move.

The real estate market hasn't been favorable to buyers recently: Median home prices have shot up 26% since 2020.

Mortgage rates are climbing higher, hovering above 7%, paving the way for heightened affordability concerns in the U.S. housing market.