The average monthly mortgage payment has fallen 12% reduction in just two months as high borrowing costs moderate, says NAR Chief Economist.

A contracting economy typically means a recession, but other economic indicators are likely to mitigate the effects of the slowing economy, says NAR’s chief economist.

REALTOR® associations and an MLS band together in the Chicago area to bring more tech innovation to its members.

Record-high home prices, declining consumer confidence and fears of recession are taking their toll on aspiring homeowners.

A housing slowdown precipitated by low inventory and rising mortgage rates will open opportunities for some buyers, NAR Chief Economist Lawrence Yun predicts.