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National Press Release

Pending Home Sales Fell 1.5% in October

WASHINGTON (November 30, 2023) – Pending home sales dropped 1.5% in October, according to the National Association of REALTORS®. The Northeast posted a monthly gain

New Home Sales Weaken in October

Elevated mortgage rates that averaged 7.62% in October per Freddie Mac, the highest rate since 2000, depressed buyer demand and pushed down new home sales

Existing-Home Sales Receded 4.1% in October

WASHINGTON (November 21, 2023) – Existing-home sales dropped in October, according to the National Association of REALTORS®. Among the four major U.S. regions, sales slid

Single-Family Starts Flat in October

Single-family construction held steady in October as high mortgage rates depressed demand but more buyers turned to new homes because of a lack of existing

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