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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.
"After two years of sluggish home sales in 2023 and 2024, existing-home sales are forecasted to rise to 4.47 million in 2025 and more than 5 million in 2026," Yun said.
The Pending Home Sales Index, which tracks contract signings on existing homes, rose 2.2% from October to 79, its highest reading since February 2023, according to the National Association of ...
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 ...
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.
While existing home sales are on track to finish the year at a level significantly lower than in 2022 — and could end the year with the fewest homes sold since 1993 — Jones said economists ...