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Sales and Demand Remain Strong This Month

Posted by: Maria Kelly on Tuesday, August 26, 2025

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. 

Home Prices Continue To Edge Up

Posted by: Katherine Diveris on Tuesday, July 1, 2025

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.

Greater Bergen REALTORS® Wraps Up Successful 2025 Midyear Meeting & Affiliate Trade Show

Posted by: Katherine Diveris on Monday, June 16, 2025

Saddle Brook, NJ, June 16, 2025 — Greater Bergen REALTORS® (GBR) proudly hosted its 2025 Midyear Meeting & Affiliate Trade Show on June 12, 2025 at the Teaneck Marriott at Glenpointe, drawing a crowd of over 300 members for a morning of education, networking, and celebration.

Total Housing Inventory Increases 8.1%

Posted by: Katherine Diveris on Wednesday, May 28, 2025

Saddle Brook, NJ – May 25, 2025 - U.S. existing-home sales decreased 5.9% month-over-month and 2.4% year-over-year to a seasonally adjusted annual rate of 4.02 million units, according to the National Association of REALTORS® (NAR), as affordability challenges and economic uncertainty weigh on market activity. Sales were down month-over-month in all four regions, with the West experiencing the largest decline, at 9.4%.

U.S. Existing-Home Sales Rebound In March

Posted by: Katherine Diveris on Wednesday, April 30, 2025

Saddle Brook, NJ – April 28, 2025 - U.S. existing-home sales rebounded from the previous month, rising 4.2% to a seasonally adjusted annual rate of 4.26 million units, according to the National Association of REALTORS® (NAR). Economists polled by Reuters had forecast sales would fall to a rate of 3.95 million for the month. Purchase activity increased in the South and the West but decreased in the Northeast, while sales in the Midwest remained unchanged from one month earlier.

Elevated Home Prices & Higher Interest Rates Continue To Impact Buyer Activity

Posted by: Katherine Diveris on Tuesday, March 25, 2025

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.

Greater Bergen REALTORS®, REALTORS® Care Foundation Is Recognized By The CrossCountry Mortgage Housing Initiatives Team At Recent Event

Posted by: Katherine Diveris on Friday, October 25, 2024

Saddle Brook, NJ – October 1, 2024 - Greater Bergen REALTORS® (GBR) charitable non-profit organization, the REALTORS® Care Foundation (RCF) was recognized for its philanthropic work throughout Northern New Jersey at the 2024 CrossCountry Mortgage SOAR event at Hudson House, on September 24, 2024.

Housing Demand Continues To Put Upward Pressure On Sales Prices

Posted by: Katherine Diveris on Tuesday, September 24, 2024

Saddle Brook, NJ – September 24, 2024 - U.S. existing-home sales increased for the first time in 5 months, as lower mortgage rates and rising supply helped boost market activity. According to the National Association of REALTORS® (NAR), sales of previously owned homes rose 1.3% month-over-month to a seasonally adjusted annual rate of 3.95 million units, exceeding economists’ expectations and ending the downward trend of recent months.

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