NORTHEAST DEV CORP INC

The 2024 Migration Trends report by the National Association of Realtors reveals that 46% of Realtors' clients moved to the South, driven primarily by the desire to be closer to family and friends and to get more home for the money. The report also highlights regional differences in movers' motivations.

Related tickers: MOFG, NHVP.

Pending home sales fell 5.5% in July, with all four U.S. regions posting monthly losses in transactions. Year-over-year, the Northeast rose while the Midwest, South, and West registered declines. The Pending Home Sales Index reached its lowest level since tracking began in 2001, as affordability challenges and uncertainty around the upcoming U.S. presidential election weighed on the housing market.

Related tickers: NHVP, MOFG, SAGD.