Steep home-price growth hampers February pending sales
Pending home sales declined 7% year over year in February, according to the NAR. However, a slight uptick in monthly inventory and contract signing trends provide hope for a market rebound
by Marian McPherson Apr 25
Pending home sales dropped in January as mortgage rates rose
Pending home sales dropped off 4.9% between December and January and were down 8.8% year over year
by Ben Verde Feb 29
Rising rates and home prices stifle January market: Redfin
The Federal Reserve's policy shift depressed homebuyer and homeseller activity in January, according to Redfin. New and active listings both fell from December levels
by Marian McPherson Feb 16
Pending home sales fall to lowest level in more than 20 years
Pending sales fell 1.5% month over month in October to a reading of 71.4, the lowest score recorded since the Pending Home Sales Index began publishing in 2001
by Ben Verde Nov 30
Pending home sales surge in a September surprise
The Pending Home Sales Index, representing the number of homes that went under contract, rose 1.1% between September and August
by Ben Verde Oct 26
Pending home sales nosedive in August as interest rates soar
The Pending Home Sales Index dipped 7.1% to a measure of 71.8 between July and August, according to data from the National Association of Realtors
by Ben Verde Sep 28
Pending sales rise at fastest clip since January as buyers shift gears
Building on upward momentum from June, pending home sales rose 0.9% in July even as analysts expressed doubt the rally would last, according to new National Association of Realtors data
by Ben Verde Aug 30
Pending home sales post first increase since February
Homes under contract inched up 0.3% between May and June to a measure of 76.8 on the Pending Home Sales Index, according to data released Thursday by the National Association of Realtors
by Ben Verde Jul 27
Pending home sales fall, but Northeast sees a surge: Data
Sales of pending homes declined 2.7% in May and were down 22.2% from a year ago, but the Northeast saw a 12.9% increase, according to new data from the National Association of Realtors
by Ben Verde Jun 29
Pending home sales stay flat in April as Northeast numbers tumble
NAR numbers show that, while most regions of the country saw month-over-month gains, pending home sales in the Northeast pulled down the national average
by Ben Verde May 25
Pending home sales end 3-month streak of upticks in dismal March
The Pending Home Sales Index dropped by 5.2% in March to a reading of 78.9 — 23.2% lower than March 2022 levels, according to data released by the National Association of Realtors
by Ben Verde Apr 27
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
by Ben Verde Mar 29
Pending home sales rose in January — but those gains are unlikely to last
The Pending Home Sales Index jumped 8.1% 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
by Ben Verde Feb 27
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% from November
by Lillian Dickerson Jan 27
Pending home sales fall to lowest level since 2015, new data shows
Pending home sales dropped 32% annually during the 4-week period ending Jan. 1, with the biggest drop-offs recorded in markets that took off during the pandemic, according to Redfin
by Ben Verde Jan 6