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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.
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 National Association of Realtors (NAR) said on Wednesday its Pending Home Sales Index, based on signed contracts, rose 7.4% last month to 75.8 - the highest since March - from 70.6 in August.
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.
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 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 ...
Home prices by county (2021) <$100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000+ Cost of housing by State. This article contains a list of U.S. states and the District of Columbia by median home price, according to data from Zillow.
While there were some success stories — sales of properties priced above $750,000 increased, as did sales of newly built homes — total pending home sales dropped in all four U.S. regions ...