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Exceeding Economists Expectations With Increasing Sales This June

Posted by: Kate Keating on Friday, August 1, 2025

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.

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.

Lack Of Inventory Continues to Impact Home Sales

Posted by: Katherine Diveris on Tuesday, May 30, 2023

Saddle Brook, NJ – May 30, 2023 – The housing market in Bergen County, New Jersey, usually in full bloom mid-spring, has seen several changes in April. Earlier this season, the drop in mortgage interest rates was promising for potential buyers and sellers. Rates have fluctuated since, causing many buyers to put the brakes on purchasing homes.

The Bergen County Housing Market Looks Slow to Bloom This Spring

Posted by: Katherine Diveris on Wednesday, April 5, 2023

Saddle Brook, NJ – April 5, 2023 – Recent changes in the housing market in Bergen County, NJ, in February 2023 have proven that seasonality doesn’t have a real effect in real estate this spring. Where business usually begins to bloom this time of year, buyers and sellers alike are struggling to gain the upper hand in the current market.

November 2022 Monthly Indicator Report for Bergen County

Posted by: Katherine Diveris on Tuesday, December 27, 2022
Saddle Brook, NJ – December 9, 2022- Housing affordability is still a problem for both buyers and sellers in Bergen County for the month of November. Mortgage rates are more than double compared to this time last year. Buyers are delaying home purchases while they wait for rates to drop. Therefore, sellers are holding off on listing due to decreased

Existing Home Sales to Decline for the Seventh Consecutive Month Due to Record High Mortgage Rates

Posted by: Katherine Diveris on Monday, October 31, 2022
Saddle Brook, NJ – October 28, 2022- According to the most recent real estate market analysis report, the U.S. market continues to slow as we move into fall. Due to existing inflation, the Federal Reserve has implemented another 75-basis-point hike in September -the third such rate increase in 2022. Consumer prices continue to rise, and higher

Experts including NAR Chief Economist Lawrence Yun believe the worst of inflation may be over.

Posted by: Jennifer Mejia, Communications Director on Tuesday, September 27, 2022
Saddle Brook, NJ – (September 27, 2022) According to the most recent real estate market analysis report, Summer 2022 has been a season of change for the U.S. With housing affordability at a 33-year low, existing-home sales have continued to soften nationwide, falling 5.9% month-to-month and 20.9% year-over-year as of the last measure, according to the

May Monthly Indicator Report for Bergen County

Posted by: Jennifer Mejia, Communications Director on Tuesday, June 28, 2022
Saddle Brook, NJ – (June 24, 2022) New Jersey Multiple Listing Services (NJMLS) monthly indicator report for May indicates that after two years of record-setting activity, there are signs the housing market might be cooling. High home prices and a surge in mortgage interest rates are slowing buyer activity, with home sales declining for the third
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