Tailwinds pull October existing-home sales up 1.2%

Favorable mortgage rates outweighed political uncertainty in October, according to the National Association of Realtors’ latest report. Existing-home sales increased 1.2 percent month over month and 1.7 percent year over year to a seasonally adjusted a… Continue reading

Tailwinds pull October existing-home sales up 1.2%

Favorable mortgage rates outweighed political uncertainty in October, according to the National Association of Realtors’ latest report. Existing-home sales increased 1.2 percent month over month and 1.7 percent year over year to a seasonally adjusted a… Continue reading

Existing-home sales slip again in April even as inventory improves

Existing-home sales continued to fall in April, down 0.5 percent from March to a seasonally adjusted rate of 4 million last month, according to data released Thursday by the National Association of Realtors. Continue reading

Pending home sales jump as buyers eye lower mortgage rates

According to data released Wednesday by the National Association of Realtors (NAR), contract signings jumped 6.1 percent in March. That represents the biggest monthly gain since December 2023, when pending sales rose 7 percent. In contrast, February on… Continue reading

Existing-home sales rebounded in February amid inventory uptick

As buyers cautiously reentered the market, existing-home sales rose 4.2 percent from January to 4.26 million, according to data released Thursday by NAR. Compared to last year, sales remained down by 1.2 percent. Continue reading

Pending home sales fall 4.6% to an all-time low, NAR says

The Pending Home Sales Index (PHSI), which tracks home sales based on contract signings, dropped 4.6 percent to 70.6 in January, marking an all-time low, while pending transactions fell 5.2 percent year over year. Continue reading

Pending home sales decline 5.5% following months of growth

The Pending Home Sales Index (PHSI), which tracks contract signings as a measure of future home sales, fell 5.5 percent to 74.2 in December, according to data released Thursday by the National Association of Realtors. Continue reading

September existing-home sales fall, but inventory offers hope

Existing-home sales continued their downward trajectory in September, declining 3.5 percent year over year and 1 percent month over month, according to data released Wednesday by NAR. Continue reading

US home prices rise in 93% of all housing markets in Q1, NAR says

Low inventory drove prices higher nationwide despite some of the highest mortgage rates in decades, National Association of Realtors Chief Economist Lawrence Yun said on Wednesday. Continue reading

Homebuyer mortgage demand falls to lowest level since 1995

As mortgage rates hit new post-pandemic highs on inflation worries, an MBA survey finds applications for purchase loans fell for the sixth consecutive week last week and are down 30 percent from a year ago. Continue reading