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In the Midwest, pending home sales increased almost 6%, up 4% from a year earlier. The Northeast was the only outlier, which recorded a drop of 3% in pending transactions last month, a decline of ...
The index for pending home sales, a measure of contract signings on existing homes, rose by 3.4% in March, according to data from the National Association of Realtors (NAR) released Thursday.
Pending home sales rose in all four regions last month. Economists polled by Reuters had forecast contracts, which become sales after a month or two, rebounding 1.5%. Pending home sales dropped 2. ...
Real estate's power players are engaged in a bitter standoff over who exactly gets to see the millions of homes listed for sale in the US each year. Realtors are fighting over hidden listings.
US pending home sales fell nearly 5% in January as both elevated mortgage rates and home prices continued to challenge homebuyer demand, the NAR found.
Fees paid to Realtors during home sales in the United States average around 6% of the sale price, a percentage considered exceptionally high compared to rates in other developed countries such as Australia, Canada, and the United Kingdom. [3] [4] [5] Industry research shows that Americans pay $100 billion in commissions to real estate agents ...
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