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Real Estate
Nat. Assn. of Realtors

Existing-Home Sales Retract 2.4% in April

WASHINGTON (May 19, 2022) – Existing-home sales recorded a third straight month of declines, slipping slightly in April, according to the National Association of Realtors®. Month-over-month sales were split amongst the four major U.S. regions, with two areas posting gains and the other two experiencing

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Real Estate
Nat. Assn. of Realtors

NAR Statement on President Biden's Housing Supply Plan

WASHINGTON (May 16, 2022) – National Association of Realtors® President Leslie Rouda Smith issued the following statement Monday regarding President Joe Biden’s plan to address the housing supply shortage: “Last year, a landmark research report commissioned by NAR recognized a shortage of 5.5 million homes

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Real Estate
Nat. Assn. of Realtors

NAR Applauds Julia Gordon's Confirmation as FHA Commissioner

WASHINGTON (May 12, 2022) – National Association of Realtors® President Leslie Rouda Smith issued the following statement after the Senate voted to confirm Julia Gordon as the next Commissioner of the Federal Housing Administration on Wednesday Evening. “Julia Gordon’s accomplished career in real estate has

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Real Estate
Jing Fu

GDP Unexpectedly Decreases in the First Quarter

In the first quarter of 2022, real GDP declined for the first time since the pandemic recession, as inflation surged to a 40-year high and supply chain disruptions remain persistent. This quarter’s decrease reflected a deceleration in private inventory investment, decreases in exports and government

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