NAR has long advocated for promoting and accelerating housing production, and lauds the White House's plan to increase the supply of affordable housing.
News Releases
Americans deserve certainty and stability in the flood insurance marketplace so that they can protect their homes, businesses, and loved ones.
Additional housing supply is helping to satisfy market demand, which has been on a steady rise due to population and job growth.
Dr. Jessica Lautz discusses NAR research, confirms the housing market continues to have a deficit in housing inventory compared to housing demand.
Commissions were already negotiable before the resolution was reached and will continue to be negotiable as they have been. NAR appreciates President Biden's continued focus on the affordable housing crisis.
The rule that has been the subject of litigation requires only that listing brokers communicate an offer of compensation. Other rules throughout the MLS Handbook and NAR policy expressly prohibit setting or suggesting any such amount.
The agreement would resolve claims against NAR, over one million NAR members, all state/territorial and local REALTOR® associations, all association-owned MLSs, and all brokerages with an NAR member as principal that had a residential transaction volume in 2022 of $2 billion or below.
NAR first sounded the alarm on this issue with original research showing a nationwide shortage of 5.5 million affordable housing units, and commends the commitment to an all-of-government approach to solve this problem.
The REACH Commercial program nurtures growth and innovative solutions within the proptech sector.
The Northeast and West posted monthly gains in transactions; the Midwest and South recorded losses. All four regions saw year-over-year decreases.