At the same time, builder sales expectations for the next six months posted their second-largest drop since the sentiment index started in 1985. 

Yun expects mortgage rates to drop to 6% by the end of the year.

Scott Turner, President Donald Trump’s pick to lead the Department of Housing and Urban Development (HUD), was confirmed to the role in a 55-44 vote.

On a city basis, Chicago posted the highest annual increase among the country’s 20 largest metros, followed by Miami, Las Vegas and Washington, D.C. 

What exactly goes into homebuilding costs, and how do those costs translate to profits for builders — and home prices for buyers?

The median existing-home price for all housing types in December rose 6% from its year-ago level.    

Those regrets may explain why the survey also found that 59% of respondents said they plan to move in 2025.

The Eighth Circuit Court of Appeals has ruled in favor of defendant brokerages and agents using floor plans when marketing properties.

After less than a year in the role, Amy Lessinger is exiting her position as president at RE/MAX, effective Jan. 17.

The National Association of Home Builders (NAHB) has joined 15 states in a legal complaint to prevent the adoption of new minimum energy-efficiency standards.

NAR signaled its intent to continue its Clear Cooperation policy, but the debate over the issue has not subsided. Brokerage leaders weigh in.

Four real estate titans — Kamini Rangappan Lane of Coldwell Banker Realty; Amy Lessinger of RE/MAX; Mike Miedler of Century 21; and Robert Reffkin of Compass — share their insights on the year ahead.

In its last reading before the end of the year, the National Association of REALTORS®  Pending Home Sales Index posted its fourth consecutive monthly increase in November. 

The year-over-year increase of 6.1% is the greatest since June 2021, according to the association. 

“Things will not change on a day-to-day basis,” says @properties Christie’s International Real Estate CEO Thad Wong.

There are 10 factors that influence this prediction, NAR said.