NCJAR News

Join Jeff Jones, NCJAR's 2025 President, for this week's update! Get important details on the new New Jersey Realtor Residential Listing Agreement forms, the 2025 Affiliate Sponsorship opportunity for the Circle of Excellence Gala on March 20th, and the exciting announcement of Bill Hanley as NCJAR's new CEO. Visit www.NCJAR.com for more updates!
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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-overyear, driven largely by purchases of homes priced $500,000 and above. Monthover-month, sales rose in the South, Northeast, and the West but fell in the Midwest, with all four regions reporting year-over-year gains.
- Single Family Closed Sales were up 8.6 percent to 1,128.
- Townhouse-Condo Closed Sales were up 1.8 percent to 290.
- Adult Communities Closed Sales were down 2.6 percent to 37.
