Limited Supplies of Homes on the Market Holding Back Sales Growth WASHINGTON, DC — After five consecutive months of increases, pending home sales slipped in June but remained near May’s level, which was the highest in over nine years, according to the National Association of Realtors®. Modest gains in the Northeast and West were offset […]
US Pending Home Sales Slip in June Read More »
Fueled partly by an increase in the share of sales to first-time buyers, existing-home sales increased in May to their highest pace in nearly six years, according to the National Association of Realtors®. Led by the Northeast, all major regions for residential real estate experienced sales increases in May. Total existing-home sales, which are completed
NAR: Residential real estate has gotten hot again Read More »
Cronkite News is reporting on a recent National Association of Realtors report that shows Tucson and Phoenix-area renters have had to deal with a double whammy: Dwindling or stagnant incomes coupled with significant rent hikes. The report, released last week by the National Association of Realtors, indicated the two metro areas are among those where the
NAR: Gap growth between income and rent includes Tucson and Phoenix Read More »