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Stats at a Glance
September Detached Median Prices (Month over Month) UNCHANGED
September Attached Median Prices (Month over Month) 4.4% DECREASE
September Detached Sold Listings (Month over Month) 13.9% DECREASE
September Attached Sold Listings (Month over Month) 22.1% DECREASE
Local real estate market statistics are updated here monthly.
Code of Ethics Update: Clarifying Standards, Upholding Fairness
The National Association of REALTORS® Board of Directors concluded the REALTORS® Legislative Meetings in Washington, D.C., Thursday with full-throated support for NAR’s stance opposing harassment. Directors debated whether to pass clarifying language to a Code of Ethics Standard of Practice prohibiting such harassment, and those on both sides of the debate expressed passionate support for the standard and the importance of professionalism in any setting. During the discussion, concerns were raised about the impact on enforcement, legal challenges, and the overall reputation of the REALTOR® brand. In the end, the recommendation passed by a significant margin.
The change, which went into effect immediately, clarifies language in NAR’s Code of Ethics Standard of Practice 10-5, which prohibits harassment of any person or persons protected under Article 10 of the Code. A day earlier, the Executive Committee approved another Professional Standards change, revising language for Policy Statement 29 designed to ensure state and local associations can fairly and consistently enforce the Code of Ethics.
Read the revised Code of Ethics and Standards of Practice.
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