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Pending home sales, a forward-looking measure on the housing market's health, gained momentum in February as some buyers picked up their purchase plans ahead of the spring — despite elevated rates.
The index for pending home sales increased just over 8% to 77.3 in December, according to data from the National Association of Realtors (NAR) released Friday. The month-over-month uptick was the ...
Pending home sales dropped 2.6% in June on a year-on-year basis. "The rise in housing inventory is beginning to lead to more contract signings," said NAR Chief Economist Lawrence Yun.
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.
Cumberland was founded in the 1830s when the Cumberland Road (also known as the National Road) was extended to that point. [6] [7] Cumberland contained a post office from 1834 until it was discontinued in 1958. [8]
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.
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 ...
The index for pending home sales stayed at 71.6 in November, the National Association of Realtors (NAR) released Thursday. ... The number of homes actively on sale also rose by 0.7% on average in ...
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