Tag Archives: contract signings

Pending home sales falter despite ‘buyer-friendly’ market conditions

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Sub-6 percent mortgage rates improved affordability in February, but annual pending home sales still slipped due to economic and political headwinds. Continue reading →

Pending home sales tank 6.3% in April as mortgage rates stay high

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Even with more inventory entering the market, homebuyers are struggling with elevated mortgage rates, NAR Chief Economist Lawrence Yun said, leading to fewer signed contracts. Continue reading →

Pending home sales jump as buyers eye lower mortgage rates

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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 →

Renewed buyer activity boosts pending home sales 7.6%

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Easing mortgage rates and increased inventory in September undercut buyer anxiety from the previous months, leading to a 7.6 percent month over month increase in contract signings. Continue reading →

Pending home sales keep falling as market conditions ‘normalize’: NAR

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Pending home sales dipped for the fifth-straight month in March, with the Pending Home Sales Index dropping 1.2 percent from February to 103.7, according to the National Association of Realtors. Continue reading →

Pending home sales down annually for 17th straight month

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The Pending Home Sales Index ticked up from April to May by 1.1 percent but remains 0.7 percent below 2018 levels. Continue reading →

Pending home sales decrease in August, marking 8-month decline

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Pending home sales dropped 2.3 percent in August — the eighth consecutive month of annualized declines, according to the National Association of Realtors. Continue reading →