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Pending Home Sales Inch Back 0.5 Percent in May

WASHINGTON (June 27, 2018) – Pending home sales decreased modestly in May and have now fallen on an annualized basis for the fifth straight month, according to the National Association of Realtors®. A larger decline in contract activity in the South offset gains in the Northeast, Midwest and West. The Pending Home Sales Index,* www.nar.realtor/pending-home-sales, a forward-looking indicator based on...

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Get Your Developments In The Green

May 25, 2018 Commercial Green Buildings, Environmental Issues, Solar Energy Features & Tax Credits, Effects of Trails and Greenways on Property Values By: Jacob S. Knabb, Associate, Commercial Communications & Services, NAR Photos by Christopher T. Martin Finding room for green spaces in your commercial property can seem overwhelming and cost-prohibitive. But green concepts don’t always have to mean complex gray...

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Metropolitan Median Area Prices and Affordability

Latest News Inventory levels hovering at all-time lows weighed down home sales and fueled faster price appreciation during the first three months of the year. Read the entire press release. The next quarterly Metropolitan Median Area Prices and Affordability and Housing Affordability Index release will be Wednesday, August 8, 2018, at 10:00 a.m. Eastern Time. NAR’s quarterly Metropolitan...

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NAR General Counsel Addresses Real Estate Competition in DOJ-FTC Workshop

NAR general counsel Katie Johnson was among a distinguished group of panelists at What’s New in Residential Real Estate Brokerage Competition(link is external), a June 5, 2018, workshop on competition in real estate sponsored jointly by the Federal Trade Commission and the Department of Justice. NAR asserts that innovation, competitive forces, and consumer choice have never been stronger. Johnson's prepared remarks are below. REALTOR®...

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Realtors® Celebrate National Homeownership Month in June

WASHINGTON (June 1, 2018) – In recognition of National Homeownership Month in June, National Association of Realtors® President Elizabeth Mendenhall, a sixth-generation Realtor® from Columbia, Missouri and CEO of RE/MAX Boone Realty issued the following statement: “National Homeownership Month is a time to celebrate and promote the modern American Dream of owning a home. “Homeownership changes lives and...

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Pending Home Sales Lose Steam in April, Decline 1.3 Percent

WASHINGTON (May 31, 2018) — After two straight months of modest increases, pending home sales dipped in April to their third-lowest level over the past year, according to the National Association of Realtors®. All major regions saw no gain in contract activity last month. See and share an infographicabout pending home sales The Pending Home Sales Index,* www.nar.realtor/pending-home-sales, a forward-looking...

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Internal News Service Special Report

NAR Board OKs Stepped-up Ethics Enforcement, Dues Increase The NAR Board of Directors at its meeting in Washington May 19 took a major step toward increasing professionalism in real estate by giving associations new teeth for enforcing Code of Ethics violations, and it also positioned REALTORS® for the future by adopting the association’s first dues increase in eight years....

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Realtors® Congratulate Brian Montgomery on FHA Confirmation

WASHINGTON (May 23, 2018) – The U.S. Senate voted today to confirm Brian Montgomery as the next assistant secretary for Housing. The vote comes six months after the Senate Banking, Housing, and Urban Affairs Committee approved Montgomery’s initial nomination for FHA commissioner. National Association of Realtors® President Elizabeth Mendenhall, a sixth-generation Realtor® from Columbia, Missouri and CEO of...

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Existing-Home Sales Slide 2.5 Percent in April

WASHINGTON (May 24, 2018) — After moving upward for two straight months, existing-home sales retreated in April on both a monthly and annualized basis, according to the National Association of Realtors®. All four major regions saw no gain in sales activity last month. Total existing-home sales1, https://www.nar.realtor/existing-home-sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, decreased 2.5...

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National Association of Realtors® to Launch .realestate Top-Level Domain

WASHINGTON (May 21, 2018) — The National Association of Realtors® will be launching a new top-level domain, .realestate, later this year. The new domain extension is scheduled to be available in September for members of NAR, with a late November release to the general public. The .realestate web addresses will be free of restrictions from NAR affiliation and will allow real estate...

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