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Single-Family Home Prices Had Gains in 92.3% of 221 Metro Areas in 2024 Q1
Q1 Single-family Home Prices Up in 92.3% of Metro Areas In Q1 2024, national median home prices rose 5.0% year over year to $389,400, with 28.5% of metro areas seeing double-digit price increases. By: Michael Hyman
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Mortgage Rates Push Housing Affordability Down in March 2024
Housing affordability fell nationally in March 2024 compared to the previous month, with monthly mortgage payments increasing by 2.8% and the median price of single-family homes rising 2.4%.
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Real Estate Tech Leaders Discuss Transformative Impact of Artificial Intelligence
Real Estate Tech Leaders Discuss Impact of AI A panel of experts explored how technologies like AI and AR are enhancing client interactions and shaping the future of real estate transactions. Media Contact: Spencer High 202-383-1051 Real Estate Technology, Artificial Intelligence (AI) in Real Estate
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Metro Areas With Largest Percent Gain in Existing Single-Family Home Home Price in 2024 Q1
The top 10 metro areas with the largest year-over-year price increases all recorded gains of at least 18.2%.
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More Than 90% of Metro Areas Recorded Home Price Increases in First Quarter of 2024
Thirty percent of the 221 tracked metro areas experienced double-digit price gains over the same period, up from 15% in the fourth quarter of 2023.
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NAR 2024 REALTORS® Legislative Meetings Kick-Start Event with Bipartisan Leaders
Discussion at NAR’s Federal Legislative and Political Forum during the 2024 REALTORS® Legislative Meetings covered a range of topics, from legislative accomplishments to market outlooks.
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NAR Chief Economist Lawrence Yun Predicts Falling Long-Term Interest Rates, Rising Existing-Home Sales in 2024
NAR Predicts Falling Interest Rates, Rising Sales NAR Chief Economist Lawrence Yun discussed economic issues and trends, provided forecast at 2024 REALTORS® Legislative Meetings. Media Contact: Lauren Cozzi 202-383-1178
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NAR Property Management Forum Highlights Critical Conversations on Rent Control, Tenant Protections, and Insurance Challenges
NAR’s Property Management Forum brought together industry leaders, members of local and state associations of REALTORS®, federal advocacy organizations, and professionals from across the property management spectrum to discuss pressing issues facing the sector.