The latest reading of the National Association of REALTORS® Pending Home Sales Index shows a return to month-over-month growth after a decline in July.    

The 716,000 per-year rate of new-home sales topped the consensus estimate of 700,000. 

The 2.5% decline followed a 1.3% increase in July, according to the National Association of REALTORS®. 

Mortgage rates have been dropping in recent weeks in anticipation of the Fed’s move.

The expectation of a rate cut this week, and the potential for more later in the year, has already moved mortgage rates lower.

Rate introduced its Spanish-language mortgage process in 2022.

Specifically, prices rose 4.3% annually after growing by 4.7% in June. 

The latest National Association of REALTORS® Confidence Index Survey found that 16% of respondents expect a year-over-year increase in buyer traffic in the next three months, compared to 13% a month earlier.

RealPage calls DOJ filing “devoid of merit.”

The pace of home sales increased 1.3% from June after months of decreases, the National Association of REALTORS® said.      

A new study ranks communities in the Valley for population density, cost of living, average commute times and more. 

Wright had served as interim CEO since November.

The Phoenix Valley ranked No. 4 among major metro areas nationwide, with more than 20,000 apartments expected to be completed in 2024. 

The lawsuit criticizes NAR’s new rules in the wake of its legal settlement.

The average 30-year fixed mortgage rate dropped more than a quarter point since last week.

NAR’s commissions lawsuit settlement includes some nuances important to know for buyer’s agents, seller’s agents and clients.