The industry group issued its housing-market forecast along with its monthly Pending Home Sales Index for June. 

National Association of REALTORS® Chief Economist Lawrence Yun took issue with the increase, saying the central bank has created “a rare and very tight monetary policy condition.” 

The property even includes some original church features, like stained glass windows and an actual pipe organ.

Year over year, housing inventory turned negative for the first time in 13 months in June, the real estate data provider said. 

The median existing-home price for all housing types in June rose to $410,200, 0.9% less than the all-time high of $413,800 reached in June 2022, the National Association of REALTORS® said. 

Low inventory and high demand are buoying builder sentiment in the face of several headwinds. 

The drop in the pace of new-home construction follows a significant surge the month before, according to government statistics. 

A surge of residential and other developments in North Miami and neighboring Aventura are reshaping the South Florida landscape. 

Ross called the property “a major piece to the puzzle” of his real estate portfolio.

Located at 4 North Federal Highway, Soleste Seaside celebrated a grand opening last week.

The agreement follows a similar arrangement First MLS recently announced with the MIAMI Association of REALTORS®. 

As more owners continue to hang onto their houses, home values locally and across the nation have reached a new peak, but it comes at a cost.

Despite the declining rate of increase, home prices have risen for the last 136 months, CoreLogic said. 

Set to debut on July 17, “Drive with NAR: The Safety Series” will be hosted by former real estate agent and expert, Tracey Hawkins.

Users of the multiple listing services will be able to access both platforms via a single sign-on capability. 

It’s been a groundbreaking time for new home construction — literally. The annual rate of new construction surged to 1.631 million units in May: the biggest leap in 33 years.