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Pending home sales inched higher for the second consecutive month in March, but unrelenting inventory constraints once again kept overall activity below year ago levels.
As consumer demand trends toward green and sustainable home features, Realtors® continue to work to promote environmentally responsible features and business practices.
Existing-home sales grew for the second consecutive month in March, but lagging inventory levels and affordability constraints kept sales activity below year ago levels.
Housing affordability is down from a year ago and fewer households can afford the active inventory of homes for sale, based on their income
Founding CEO Dale Ross will be retiring as of May 1, 2018. RPR’s Jeff Young has been named chief operating officer/general manager and will assume responsibility for all RPR activities, reporting directly to NAR CEO Bob Goldberg.