The Pending Home Sales Index (PHSI) rose by 2.0% to 72.0 in February, according to new data released Thursday by NAR. But contract signings fell 3.6% compared to last year
Prices hit record highs in 2024, making affordability just as big a problem as it was on the eve of the 2007 housing bust. But this time, prices in most markets are expected to decelerate, not fall
Interest rates, insurance premiums, tax concerns and more are keeping sellers from putting their homes on the market and forcing them to defer their dreams
Most Americans polled by Fannie Mae last month said they would rather buy than rent, but a record-high 82% also said August was a bad time to buy, citing affordability concerns