Pending home sales rebounded in August, with each of the four major U.S. regions seeing month-over-month growth in contract activity.

NAR analyzed 390 commercial real estate markets and found a robust recovery with positive net absorption and strengthening rents across the multifamily, industrial and retail property markets as economic production rebounds to pre-pandemic levels.

NAR looks forward to collaborating with Ron and the Bipartisan Policy Center to ensure every American is afforded access to homeownership.

In August 2021, each of the four major U.S. regions experienced declines on both a month-over-month and a year-over-year perspective, breaking a two-month streak of increases.

A new resource will ensure that residential real estate brokerages with fewer than 150 agents are able to provide the kind of service and support to their agents typically offered by larger entities.