The National Association of Realtors' Pending Home Sales Index dropped 2.2%, to 130, in September after 4 consecutive months of contract activity growth
The increase sent the Pending Home Sales Index sailing to 122.1, marking the third month in a row of sales growth, according to the National Association of Realtors
New data from the Census Bureau indicates that the homeownership rate surged to its highest point since the third quarter of 2008, but a change in data collection methodology may have impacted the results
While some real estate groups took time to rest and reset during the pandemic, the Detroit-based Packer Group kicked business into high gear
Although the stock market has been volatile for weeks and unemployment has continued to rise, home prices have been seemingly unaffected
According to NAR's Pending Homes Sales Index released on Monday, pending home sales increased 2.4 percent in February
Just one week ago, only 16% of Realtors reported a decrease in homebuyers as a result of COVID-19.
The administration didn't make clear how borrowers might catch up on payments later on
Continued inventory shortages are to blame for the two-month slump