Category: Market News

NAR: Pending home sales tick higher in July

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WASHINGTON – Aug. 31, 2016 – Pending home sales expanded in most of the country in July and reached their second highest reading in over a decade, according to the National Association of Realtors® (NAR). Only the Midwest saw a…

U.S. consumer confidence hits one-year high

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NEW YORK – Aug. 30, 2016 – The Conference Board Consumer Confidence Index, which had decreased slightly in July, increased in August. The Index now stands at 101.1 compared to 96.7 in July. The Present Situation Index rose from 118.8…

NAR forecast: Commercial real estate expansion

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WASHINGTON – Aug. 29, 2016 – Buoyed by a steadily improving labor market and strong demand for multifamily housing, commercial real estate activity should remain on an upward trajectory, with a growing share of it is expected to be in…

The cost of home renting vs. owning in Fla.

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LOS ANGELES – July 19, 2016 – Personal finance website GOBankingRates.com released a guide detailing how monthly rent compares to monthly mortgage payments across the U.S. To see the price breakdown for all U.S. states, visit the GOBankingRates website. The…

NAR: Pending home sales at a 10-year high

florida realtors

WASHINGTON – May 26, 2016 – Pending home sales rose for the third consecutive month in April and reached their highest level in over a decade, according to the National Association of Realtors® (NAR). All major regions saw gains in…