News

Saddle Brook, NJ — August 25, 2025 — U.S. existing-home sales fell 2.7% from the previous month to a seasonally adjusted annual rate of 3.93 million, according to the National Association of REALTORS® (NAR). Sales were unchanged from one year earlier. Regionally, monthly sales declined in the Midwest, Northeast, and South but rose in the West. Year-over-year, sales decreased in the Northeast and West but increased in the South and Midwest. 

Saddle Brook – July 29, 2025 - U.S. existing-home sales edged up 0.8% month-over-month to a seasonally adjusted annual rate of 4.03 million units, exceeding economists’ expectations, although sales were down 0.7% year-over-year, according to the National Association of REALTORS® (NAR). On a monthly basis, sales increased in the Midwest, Northeast, and South but decreased in the West.

Saddle Brook, NJ – June 26, 2025 - U.S. existing-home sales dipped 0.5% month-over-month and 2.0% year-over-year to a seasonally adjusted annual rate of 4.00 million units, according to the National Association of REALTORS® (NAR). Sales increased in the Midwest, decreased in the West and Northeast, and were unchanged in the South. Year-over-year, sales were down in every region except the Northeast.

Saddle Brook, NJ - March 25, 2025 - U.S. existing-home sales fell for the first time since September, slipping 4.9% month-over-month to a seasonally adjusted annual rate of 4.08 million units, according to the National Association of REALTORS® (NAR), as elevated home prices and higher interest rates continue to impact buyer activity. Despite the drop, sales were up 2% compared to the same period last year, marking the fourth consecutive monthly year-over-year increase.

Saddle Brook, NJ – February 27, 2025 - U.S. existing-home sales advanced for the third straight month, climbing 2.2% to a seasonally adjusted annual rate of 4.24 million units, a 10-month high, according to the National Association of REALTORS® (NAR). Sales were up 9.3% year-over-year, driven largely by purchases of homes priced $500,000 and above. Month-over-month, sales rose in the South, Northeast, and the West but fell in the Midwest, with all four regions reporting year-over-year gains.

Saddle Brook, NJ – September 17, 2024 – Greater Bergen REALTORS® (GBR) will be hosting their Annual Membership Meeting and Affiliate Trade Show on Tuesday, October 15, 2024, from 9:00am-11:30am, at the Glenpointe Marriott in Teaneck, NJ. The Annual Meeting is a complimentary membership-wide meeting providing the latest news for the association, their charity foundation, the REALTORS® Care Foundation (RCF), New Jersey REALTORS®, and the National Association of REALTORS®.

Greater Bergen REALTORS® (GBR) celebrated Pride Month in June with the third annual Lunch and Learn event, Empowering LGBTQ+ Voices & Homeownership at GBR headquarters in Saddle Brook. This year, the event was co-hosted by the Diversity, Equity, and Inclusion (DEI) Committee and the Young Professionals Network (YPN).

"In our business, allyship, leading with intent, and fostering an inclusive environment are paramount; and it all starts with us," stated GBR 2024 DEI Committee Chair, Andre Porter.

Saddle Brook, NJ – February 26, 2024 - U.S. existing-home sales rose from a 13-year low, climbing 0.8% from the previous month and breaking a five-month streak in which sales declined, according to the National Association of REALTORS® (NAR). Despite the increase, sales were down 7.3% compared to the same period last year, as affordability challenges continue to hinder prospective buyers. Most of this period’s closed sales went under contract in October, when mortgage rates were at a two-decade high. With rates having dropped more than a full percentage point since then, existing-home sales may continue to pick up in the months ahead.