Pending home sales fall, but Northeast sees a surge: Data

Sales of pending homes declined 2.7 percent in May and were down 22.2 percent from a year ago, but the Northeast saw a 12.9 percent increase, according to new data from the National Association of Realtors. Continue reading

Pending home sales end 3-month streak of upticks in dismal March

The Pending Home Sales Index dropped by 5.2 percent in March to a reading of 78.9 — 23.2 percent lower than March 2022 levels, according to data released by the National Association of Realtors. Continue reading

Pending sales increase 3rd-straight month as prices cool: NAR

“Existing-home sales, pending contracts and new-home construction pending contracts have turned the corner and climbed for the past three months,” said NAR’s Lawrence Yun. Continue reading

Pending home sales rose in January — but those gains are unlikely to last

The Pending Home Sales Index jumped 8.1 percent to a reading of 82.5 in January, before mortgage rates began another climb, according to data released Monday by the National Association of Realtors. Continue reading

Pending home sales trend up for first time since last spring

In a positive sign for the real estate industry — and the spring homebuying season — pending home sales rose in December for the first time since May 2022, increasing 2.5 percent from November. Continue reading

Pending home sales fall to lowest level since 2015, new data shows

Pending home sales dropped 32 percent annually during the four-week period ending Jan. 1, with the biggest drop-offs recorded in markets that took off during the pandemic, according to Redfin. Continue reading

Cold winter looms as pending home sales fall for 6th-consecutive month

The number of homes that went under contract in November dropped by another 4 percent, signaling a slow winter, according to data released Wednesday from the National Association of Realtors. Continue reading

Pending home sales post modest decline in July after a rocky June

Pending transactions were down 19.9 percent year over year, but just 1 percent month over month, according to data released Wednesday by the National Association of Realtors. Continue reading