Posts by John Yellig

NAR: Pending-home sales dip in May as demand remains strong 

Transactions that do go through are typically seeing multiple offers, NAR Chief Economist Lawrence Yun...

Case-Shiller: Home-price index just 2.4% off 2022 peak; Phoenix sees 6.1% decline 

A third consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index lends new evidence to claims that previous declines could be behind the...

New-home sales surge in May 

Demand for newly built homes has remained strong as high interest rates keep many would-be sellers of existing homes off the...

NAR: Existing-home sales tick higher in May 

At the same time, the median existing-home price for all housing types slid 3.1% year over year to...

Single-family home starts jump in May 

The larger-than-expected increase comes as homebuilder sentiment rose for the sixth month in a...

Case-Shiller: Home-price declines ‘may have come to an end’; Phoenix sees 0.5% gain

A second consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index could indicate a reversal of the negative trend that began last...

PulteGroup appoints Kevin Henry chief people officer 

The incoming executive has held similar roles at BlueLinx Corp. and Extended Stay...

NAR: Limited supply keeps pending-home sales flat in April 

Despite solid demand, a dearth of homes for sale kept transaction numbers muted in the association's most recent report on pending...

New-home sales rise for fifth month in a row 

A shortage of existing inventory continues to drive buyers to new...

NAR: Existing-home sales and days on market slide in April 

Multiple-offer situations have returned with the spring buying season while distressed and forced sales are "virtually nonexistent," the National Association of REALTORS® said....

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