Industry News
New Advocacy Scoop Episode | Affordability & Fair Housing – The Latest from DC
Major bipartisan housing legislation is gaining momentum in Congress—and the outcome could shape the future of housing affordability and supply.
In this episode of Advocacy Scoop, EVP and Chief Advocacy Officer Shannon McGahn and VP of Advocacy Communications Patrick Newton take a closer look at this once-in-a-generation bill – where it stands and what needs to happen next for it to become law.
As the industry recognizes Fair Housing Month, and marks the 58th anniversary of the Fair Housing Act, this episode details the programs, partnerships, and policy efforts making a difference today.
Existing-home sales posted a modest increase in February, according to the latest National Association of REALTORS® Existing-Home Sales Report, signaling gradual movement in the housing market as affordability improves and mortgage rates trend lower.
A Small Uptick in Sales
Existing-home sales increased 1.7% month-over-month, reaching a seasonally adjusted annual rate of 4.09 million in February. Despite the monthly improvement, sales remain 1.4% lower than one year ago, reflecting a market that is still adjusting to higher costs and limited inventory.
Sales activity rose in the Midwest, South, and West, while the Northeast experienced a decline month-over-month.
Inventory Slowly Improving
There’s a lot of industry conversation around “coming soon” listings and private listing networks. NAR this week reaffirmed it doesn’t have a national policy governing “coming soon” listings. Listing rules and marketing parameters are largely set and enforced by local MLSs. In its statement, NAR noted its long-standing support for MLS systems and the role they play in providing broad, transparent access to listing information.
For more information, please visit: https://www.inman.com/2026/03/05/nar-releases-statement-on-coming-soon-listings-and-public-marketing/
Recent industry surveys from Real Estate News and RISMedia show that an overwhelming majority of MLS and association executives broadly align with NAR’s three-year strategic plan and its direction.
Brokerage executives reviewing NAR’s 2025 Annual Report noted progress in modernization, governance reform, and member value initiatives, while emphasizing that sustained execution and tangible results will ultimately define success.
The industry is aligned on direction but focused on delivery. Strengthening communication, implementation support, and measurable member value remains central to maintaining trust across the three-tier system.
