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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: National Association of Realtors

National Association of Realtors stories: 8 news summaries
MARKETS

 Dow Climbs 156; 
 Stocks Hit Highs 

Jump in existing-home sales spurs rally

Aug 21, 09 3:21 PM CDT
(Newser) - Stocks rallied today off of strong housing data, propelling all three major indices to their highest levels of the year, the Wall Street Journal reports. Sales of existing homes rose 7.2% in July, the National Association of Realtors said, beating analysts’ expectations by a generous margin. The Dow rose... More »

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Dow Jones • National Association of Realtors • Nasdaq • existing home sales • S&P 500 • existing-home sales

 Home Sales, Prices Plunge 

Everyone was really surprised

Dec 23, 08 10:52 AM CST
(Newser) - The housing market had another staggering setback in November, with sales of new and existing homes tumbling while prices took their biggest hit on record, the Wall Street Journal reports. Existing-home sales fell a worse-than-expected 8.6%, while the national median price fell 13.2% to $181,300, the... More »

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housing market • home sales • housing • National Association of Realtors • home prices • existing home sales • new home sales • financial crisis

Home Sales Up 5.5%,
Biggest Gain in 5 Years

Inventories still at historic highs

Oct 24, 08 11:10 AM CDT
(AP) - Sales of existing US homes rose by the largest amount in more than five years in last month, a real estate trade group said today. The data offer a glimmer of hope that the housing slump could be starting to bottom out. The National Association of Realtors said sales of... More »

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housing market • home sales • housing • National Association of Realtors • home prices • housing bubble • existing home sales

Rosy Realtor Ads Omit Pesky Housing Crash

NAR campaign claims slumping market is a can't-lose investment

Jan 28, 08 7:58 PM CST
(Newser) - Apparently, real estate is a can’t-fail investment right now. Or at least, that’s the questionable gospel the National Association of Realtors is preaching, in a blitz of new commercials claiming that home values, on average, double every 10 years, and that a home is “the key to... More »

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real estate • advertising • investments • National Association of Realtors • real estate values • housing crisis • housing bubble

Dec. Home Sales Kept Dropping

Existing US sales resume tumble; median prices also fall

Jan 24, 08 10:14 AM CST
(Newser) - Existing home sales began to fall again in December after briefly bumping upwards in October and November. Home resales were at a 4.89 million annual rate; that's down 2.2% from November and down 13% from last year. "Home sales remain weak despite improved affordability conditions in many... More »

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real estate • Northeast • housing market • National Association of Realtors • home resales • existing home sales

Pending Home Sales Rise Slightly

New numbers make quarter-point cut more likely, traders say

Dec 10, 07 11:11 AM CST
(Newser) - US home sales jumped in October and will rise slightly overall next year, beating forecasts, the Wall Street Journal reports. The National Association of Realtors' index for pending sales of existing homes spiked 0.6% in October over September, which was up 1.4% over August—but those increases are... More »

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housing market • subprime mortgages • National Association of Realtors • economist • credit crisis

Dow Dips on Monday Overreach

A rough housing report doesn’t help

Oct 2, 07 3:53 PM CDT
(Newser) - The market was mostly down today, after investors corrected for yesterday’s record-breaking spike, and a new drop in a home-sales index stirred mortgage anxieties. The Dow dipped 40.24 points to 14,047.31, with one strategist telling MarketWatch, “The fundamental news didn’t warrant the rally.”... More »

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Toyota • housing market • Dow Jones • General Motors • National Association of Realtors • Ford • Nasdaq • S&P 500

Housing
Sales Plunge
In March

Oversupply and tightened lending
hit hard in already-weak market

Apr 25, 07 12:15 PM CDT
(Newser) - Sales of previously occupied homes fell 8.4 percent in March, marking the biggest monthly drop since 1989 and ending hopes for a spring rebound. The new National Association of Realtors numbers reflect an oversupply of homes, lenders subdued by the sub-prime crisis, and bad winter weather, the Wall Street ... More »

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housing market • business • housing • National Association of Realtors • subprime crisis

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