Pending Home Sales Increase 1.8% in May
NAR: Pending home sales rose 1.1% year-over-year. The West led monthly gains, while the Midwest and South grew yearly. Rates still drive buyer decisions. WASHINGTON — Pending home sales increased by 1.8% in May from the prior month and 1.1% year-over-year, according to the National Association of Realtors® Pending Home Sales report. All four U.S. […]
NAR Forecast Sees 2026 Market Rebound By Melissa Dittmann Tracey
NAR economists project lower rates, rising inventory and a 14% sales increase in 2026, though progress will vary by market as affordability and supply differ locally. CHICAGO – Top economists have one word to sum up the housing market for 2026: opportunity. Lower mortgage rates and a rising supply of homes are expected to open […]
