The NAR is forecasting that existing-home sales will decline 4.9% to 5.8 million units in 2004.
Canadians accounted for 24% of sales to foreigners in the year to March, according to NAR.
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Even projects normally hyped as sure bets for adding value generate surprisingly weak gains, NAR reports.
The National Association of Realtors (NAR) released its February existing home-sales report today with some bad news today.
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The double-digit year-over-year gain is the largest tracked by NAR since November 2005 when the median price jumped 13% year-over-year.
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In fact, NAR expects rents will rise an average of 4.1% this year, compared to a 2.9% increase last year.
Warner Brothers NAR: She said Scientology helped her connect with people in a way she found valuable as an actress.
The NAR also reported that contract cancellations were up in October as well, which restrained sales from achieving a stronger rebound.
In February short sales and foreclosures comprised 25% of home sales, down from 34% a year ago, according to NAR.
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Rents are already expected to increase an average of 4% nationally this year and 4% in 2013, according to NAR.
Mr Siff's company, Nar Test, employs 60 people and is expanding fast.
The NAR has a consumers' brochure describing the pros and cons of various loans, and another one warning home buyers about predatory lending.
And to top it all off, the National Association of Realtors (NAR) Pending Home Sales Index slipped 1.8% to 80.9 in September.
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The NAR existing-home sales forecast for the first quarter was about 5.2 million sales, gradually rising over the course of 2011 and into 2012.
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The NAR's chief economist warned that a pause in home buying is likely to persist through September despite rock-bottom mortgage rates and high affordability.
On Wednesday, July pending home sales were at their highest level in more than two years, according to NAR, and inventory continues to contract.
The NAR also has supported a Senate bill that would offer subprime borrowers an alternative by expanding availability of fixed-rate loans backed by the Federal Housing Administration.
In Florida, 26% of all home sales went to buyers from outside the U.S. in 2012, making it the state with the largest number of foreign buyers, according to NAR.
Changes in vacancies and inventories are strongly correlated: for example, San Jose, Bakersfield and Seattle all had large vacancy declines and large inventory declines year over year (using NAR inventory data).
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"It's pretty complicated, " said NAR policy expert Jeff Lischer.
Lawrence Yun, chief economist of NAR, has projected that home sales in the region will continue to slow in November and December due to delays, likely rebounding in the early months of 2013.
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The NAR also has a lengthy code of ethics which calls for agents to "treat all parties honestly" and to "protect and promote the interests of their client, " whether the client be buyer or seller.
The National Association of Realtors (NAR) conducts an annual survey of its members in 80 cities that is created by Remodeling magazine and used to estimate the return on investment for 33 home improvement projects.
Existing-home sales increased 3.7% from February to March with 5.1 million transactions completed on single-family homes, townhouses, condos and co-ops from 4.92 million (revised from 4.88 million) in February, according to the National Association of Realtors (NAR).
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Some home buyers have tapped into the bank of mom and dad, receiving gifts or loans from family members. (A 2012 National Association of Realtors survey found that 30% of first-time home buyers received funding from relatives for downpayments.) Many others have pooled together funds to pay all-cash, fueling about 30% of all home sales in the past year compared to about 10% a decade ago, according to NAR.
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