More Than 90% of Metro Areas Recorded Home Price Increases in First Quarter of 2024

Key Highlights Single-family existing-home sales prices rose in 93% of measured metro areas – 205 of 221 – in the first quarter, up from 86% in the prior quarter. The national median single-family existing-home price grew 5% from a year ago to $389,400. Sixty-three markets (30%) experienced double-d

NAR Chief Economist Lawrence Yun Predicts Falling Long-Term Interest Rates, Rising Existing-Home Sales in 2024

WASHINGTON (May 7, 2024) – National Association of Realtors® Chief Economist Lawrence Yun forecasts that interest rates will fall in the long term, 2024 existing-home sales will rise to 4.46 million (up 9% from 4.09 million in 2023) and 2025 existing-home sales will increase to 5.05 million (up 13.2

Yun: It’s Impossible for Home Sales to Remain Low

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