National Real Estate News

• March 2021 Existing-Home Sales Drop While Prices Continue to Climb
  
  Housing market activity this March declined 3.7% from February 2021, but March's sales of existing homes increased 12.3% from March 2020.
• Instant Reaction: Mortgage Rates, April 22, 2021
  
  Mortgage rates fell this week below 3%, following the downward trend of the 10-year Treasury yield.
• Housing Market Reaches Record-High Home Price and Gains in March
  

  Month-over-month, existing-home sales fell in all major regions of the country, but were up 12.3% year-over-year, and the median existing-home sales price hit a historic high of $329,100.

• A Third of Realtors® Assisted Their Clients With Buying or Selling a Property That Had "Green" Features in the Past Year
  
  A growing number of consumers are seeking homes with features that are good for the environment and, by extension, good for their wallets by reducing utility expenses in the long run.
• Weekly Retail Update: April 19, 2021
  
  Advanced estimates of food service and drinking place sales increased 36% in March 2021 from March 2020 figures.
• Q & A Corner: A Snapshot of Race and Home Buying in America
  
  NAR's economists discuss the Snapshot of Race and Home Buying in America report and provide perspectives on how to use it, insights into the data, and talk about the results they found to be most interesting.
• Jobless Claims Dropped Sharply Last Week
  
  While employment is gaining momentum, layoffs are still happening and are significantly elevated compared to pre-pandemic.
• Instant Reaction: Housing Starts, April 16, 2021
  
  The housing inventory shortage has been pushing up prices, but also holding back home sales.
• As Lease Addendums Rise, Marijuana Businesses Adapt by Purchasing Commercial Property
  

  A new NAR report examines the legality of marijuana in terms of medical only, legalized medical and recreational prior to or after 2016.

• Instant Reaction: Retail Trade Sales, April 15, 2021
  
  U.S. advanced estimates of retail and food service sales for March 2021 recovered from the pull-back in February 2021 as consumer purchases exceeded expectations.

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