Existing-home sales are forecasted to rise in 2015 behind a strengthening economy, solid job gains and a healthy increase in home prices, according to NAR Chief Economist Lawrence Yun in a newly-released video.
Pending home sales slightly improved in November and are above year-over-year levels for the third straight month.
After hitting their highest level of the year, existing-home sales slid in November as housing supply tightened.
The Canadian Real Estate Association, in cooperation with the National Association of Realtors®, has secured the rights to the .MLS top-level domain. CREA has registered Canadian certification marks for the letters MLS and the term “multiple listing service” in Canada and is the exclusive licensee of the Realtor® mark in Canada.
The U.S. Senate’s alarming failure to renew the federal terrorism risk insurance program before adjournment will stall commercial real estate development around the country.
The tax extensions approved by Congress include provisions that will help distressed homeowners and commercial property investors.
Metro areas with a lower cost of living and sunnier weather are poised to see an increased number of baby boomers buying a home.
Congress must address policy issues to facilitate a healthy real estate market that serves homeowners and drives the national economy forward.
Pending home sales declined in October but remained at a healthy level and are above year-over-year levels for the second straight month.
Despite a slowing global economy, forward economic momentum in the U.S. should keep commercial real estate activity on firmer footing.