As buyers cautiously reentered the market, existing-home sales rose 4.2% from January to 4.26M, according to data released Thursday by NAR. Compared to last year, sales remained down by 1.2%
The Pending Home Sales Index (PHSI), which tracks home sales based on contract signings, dropped 4.6% to 70.6 in January, marking an all-time low, according to NAR data
Winter weather didn't slow down buyers in December, according to Redfin's latest market report. Although most buyers faced bidding wars, luxury homebuyers bore the brunt of low inventory at the $800K to $1 million mark
Despite improvements in unemployment and payroll, the July unemployment report shows the US is still far from its pre-pandemic economic strength
A new realtor.com market report revealed that buyers in 20 of the 100 largest markets are beginning their home search in January