NAR Existing-Home Sales Report Shows 1.2% Increase in October
National Association of REALTORS® Month Over Month Year Over Year Existing-home sales increased by 1.2% in October, according to the National Association of REALTORS® Existing-Home Sales Report. The Report provides the real estate ecosystem, including agents and homebuyers and sellers, with data on the level of home sales, price, and inventory. Month-over-month sales increased in the […]
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Landmark Housing Legislation Passes in Senate
By Ross Hettervig, REALTOR® Magazine A landmark piece of housing legislation is on the move through Congress. The Renewing Opportunity in the American Dream to Housing Act of 2025, also known as the ROAD to Housing Act, passed the full Senate on Thursday, Oct. 9, as part of its version of the National Defense Authorization […]
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NAR Pending Home Sales Report Shows 4.0% Increase in August
National Association of REALTORS® Pending home sales in August increased by 4.0% from the prior month and rose 3.8% year-over-year, according to the National Association of REALTORS® Pending Home Sales Report. The Report provides the real estate ecosystem, including agents and home buyers and sellers, with data on the level of home sales under contract. […]
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KCRAR Members Advocate for Policies to Promote Housing Availability and Increase Access to Homeownership in Washington, D.C.
During the 2025 National Association of REALTORS® Legislative Meetings, several members of the Kansas City Regional Association of REALTORS® met with members of Congress in Washington, D.C., to advocate for policies that will increase the housing supply and improve access to homeownership. Members and staff of KCRAR met with Senators Jerry Moran and Eric Schmitt […]
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President Mall: An Update from D.C.
By Andrew Mall, 2025 KCRAR President REALTORS® from across the nation gathered this week in Washington, D.C. to advocate on behalf of our clients, the public and our profession. I’m proud that KCRAR members represented our region at these critical meetings on Capitol Hill with federal lawmakers including Senators Jerry Moran and Eric Schmitt and […]
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First-Time Home Buyers Shrink to Historic Low of 24% as Buyer Age Hits Record High
National Association of REALTORS® Key Highlights The first-time homebuyer market share decreased to a historic low of 24% (down from 32% last year), while home buyers’ ages hit all-time highs of 56 years overall (49 last year), 38 years for first-time buyers (35 last year) and 61 years for repeat buyers (58 last year), according […]
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Home Buyers See Slight Reprieve in Mortgage Rates
By Melissa Dittmann Tracey, REALTOR® Magazine Mortgage rates dipped to a 7.02% average this week, the second consecutive week for declines, Freddie Mac reports. “The decrease in rates, albeit small, may provide a bit more wiggle room in the budgets of prospective home buyers,” says Sam Khater, Freddie Mac’s chief economist. Rates above 7% have […]
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Existing-Home Sales Slid 1.0% Nationally in December
National Association of REALTORS® Key Highlights Existing-home sales retreated in December, according to the National Association of REALTORS®. Among the four major U.S. regions, sales slipped in the Midwest and South, rose in the West and were unchanged in the Northeast. All four regions experienced year-over-year sales decreases. On an annual basis, existing-home sales (4.09 […]
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Pending Home Sales Fell 1.5% Nationally in October
National Association of REALTORS® Pending home sales dropped 1.5% in October, according to the National Association of REALTORS®. The Northeast posted a monthly gain in transactions while the Midwest, South and West all recorded losses. All four U.S. regions noted year-over-year declines in transactions. The Pending Home Sales Index (PHSI)* – a forward-looking indicator of home […]
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Almost 60% of Metro Areas Posted Home Price Gains in the Second Quarter of 2023
National Association of REALTORS® Key Highlights Almost 60% of metro markets (128 out of 221) registered home price gains in the second quarter of 2023 as 30-year fixed mortgage rates oscillated between 6.28% and 6.71%, according to the National Association of REALTORS®’ latest quarterly report. Five percent of the 221 tracked metro areas registered double-digit price […]
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