National News

Economist Matthew Gardner’s predictions for real estate in 2025

Matthew Gardner shares his predictions for the housing industry in 2025.

NAR: Existing-home sales rise in November for sharpest gain since 2021

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

RE/MAX: Houston home sales climb year over year in November 

On a monthly basis, however, home sales were down 10.3%, RE/MAX said. 

What the Compass acquisition means for @properties and Christie’s International Real Estate

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

NAR thinks these cities will be ‘housing hot spots’ in 2025

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

Home tours, mortgage applications rise as 2024 market enters home stretch

More buyers are touring homes and applying for mortgages as the 2024 housing market enters its home stretch, according to a new Redfin report.

COMPASS acquires @properties and Christie’s International Real Estate

COMPASS has acquired @properties and Christie’s International Real Estate.

NAR lawsuit settlement receives final approval in federal court

Ruling brings an end to the Sitzer-Burnett legal saga.

Case-Shiller: Home prices hit an all-time high for the 16th month in a row in September 

Despite the new record in September, the rate of increase continues to slow. 

Builder confidence increases for the third straight month

Builder confidence in the market for newly built single-family homes increases again.

Buyer’s agent commissions remain mostly unchanged under NAR’s new rules

The new findings come from real estate tech strategist Mike DelPrete.

New single-family housing construction dips in October 

Multifamily construction, meanwhile, rose on a monthly basis. 

NAR: FSBOs hit record low; homeseller age hits record high

NAR’s 2024 Profile of Home Buyers and Sellers included several record-setting stats about homesellers and FSBOs.

Buyers return to market post presidential election

Buyers had been sitting on the sidelines awaiting the election’s outcome, as well as drops in mortgage rates, but they are back and looking to buy.

NAR: Homebuyer age hits record high while share of first-time buyers hits record low

The market share of first-time homebuyers has dropped to 24%: a historic low, according to NAR. The median homebuyer age also hit a record-high of 56.

Increased home sales and more rate cuts coming in 2025, NAR’s Lawrence Yun predicts

“Maybe the worst is coming to an end,” Yun said.

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