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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.
Americans sold 4.06 million previously-owned homes in the year, the lowest since 1995, the National Association of Realtors said Friday. 2024 marked the third consecutive year in which sales were ...
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 ...
This problem helps explain why pending home sales fell in May to a record low, according to data released on Thursday. Pending sales, tracked by the National Association of Realtors since 2001 ...
After dipping in January, the index for pending home sales rose 1.6% in February, according to data from the National Association of Realtors (NAR) released Thursday. The reading of 75.6 was the ...
Future minimum wage increases pending Virginia General Assembly enactment: January 1, 2025: $13.50; January 1, 2026: $15.00; By October 1, 2026, the minimum wage will be tied to yearly inflation. Afterwards, the minimum wage will be re-adjusted by a Commonwealth Commissioner annually. Washington: $16.66 [310] $16.66 [310] $13.84 [310]
Despite the March gain, pending home sales are still “in a fairly narrow range over the last 12 months without a measurable breakout,” NAR’s chief economist, Lawrence Yun, said in a release. ...
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 ...