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Signed sales contracts on existing homes dropped 7.7% in April compared to March, the slowest pace since April 2020, according to the National Association of Realtors. These so-called pending ...
Pending home sales, a measure of signed contracts on existing homes, dropped 1.5% in October from September. They hit the lowest level since the National Association of Realtors began tracking ...
The NAR said its pending home sales index fell 7.7% in April to 72.3 from an upwardly revised 78.3 reading in March. The drop was the largest since February 2021 and the index level was the lowest ...
Pending sales activity in the South increased 7% and was down just 1.5% from the previous year. Meanwhile, contract signings in the Midwest fell 4.3% in March but remained just 1% above 2023 levels.
Rebecca Chen. May 30, 2024 at 11:05 AM. Pending home sales declined sharply last month as buyers retreated from the market due to rising interest rates. A National Association of Realtors (NAR ...
US pending home sales dropped 7.1% in August from the month prior as mortgage rates surging over 7% in August to levels not seen in 20 years packed a punch.
In the West, pending home sales registered an uptick of 0.5% but were down 7% from a year earlier. Pending transactions in the Northeast increased 0.8% last month but were 5.5% below year-ago levels.
Pending sales in the South jumped 12% in December, rising 1.5% from the previous year. Meanwhile, the West recorded a 14% uptick in pending transactions, up 1.5% from December 2022.