U.S. existing home prices hit another record high in May: NAR

Median existing-home price across all housing types hit a record high of $350,300 in May, up 23.6 percent from the year before, according to a new report released Tuesday morning by the National Association of Realtors (NAR). Home prices rose across all U.S. regions as the new high marked 111 consecutive months of annual price … Read more

Pending-home sales take 4.4% hit in April

Pending-home sales dropped 4.4 percent in April from the month before to a Pending Home Sales Index (PHSI) of 106.2, according to a report released on Thursday by the National Association of Realtors (NAR). The index is an indicator of future home sales based on contract signings. An index of 100 represents the level of … Read more

Tampa Bay News