NAR Existing-Home Sales Report Shows 2.0% Decrease in August

NAR Existing-Home Sales Report Shows 2.0% Decrease in August: Existing-home sales declined 2.0% month-over-month and 1.2% year-over-year in August to a seasonally adjusted annual rate of 3.98 million, NAR reported. Inventory rose to 1.62 million units, a 4.9-month supply and the highest in over a decade, giving buyers more room to negotiate.

There’s No Single “Data Center Effect” on Housing Markets, NAR Report Finds

There’s No Single “Data Center Effect” on Housing Markets, NAR Report Finds: A new NAR report finds data centers affect housing markets very differently depending on location. While 92% of U.S. counties have no mapped data centers, high-concentration counties tend to have higher home values, incomes and job growth. But NAR cautions correlation isn't causation, as these were already affluent tech hubs. Energy and water costs top REALTORS®' client concerns.