Acquisition of previously owned homes had slumped in August while claims for jobless benefits became lesser last week which showed a contradicting signal regarding the health of the US economy.
Tags: National association of realtors
How Will NAR's $418 Million Settlement Impact Homebuyers' Costs and Real Estate Commissions?
The National Association of Realtors has announced a $418 million settlement to address antitrust litigation, potentially leading to cost reductions for homebuyers and sellers.
US existing home sales decline by 7.1% in February
Sales of existing homes declined in February, reflecting poor demand in housing sector amid higher prices and weak inventory.
Home sales vault to 18-month high as supply improves
U.S. home resales surged to their highest level in 18 months in March as more homes came on the market, a sign of strength in housing ahead of the spring selling season.
U.S. existing home sales, economic activity gauge rise
U.S. home resales rebounded in December, but continued low participation by first-time buyers in the market suggested the housing recovery would remain gradual for now.
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Sale of existing homes in the United States increased in the month of July, suggesting housing market recovery.
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