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Pending Home Sales Fell Unexpectedly
Pending-Home Sales Fall in June
Pending-home sales fell once again in June. According to the National Association of Realtors (NAR), pending sales transactions declined by 0.8% on a month-over-month basis in June, and by 2.8% on a year-over-year basis. Even so, NAR's Realtors Confidence Index predicts a 4% and 6% year-over-year increase in respective homebuyer and seller traffic.
The National Association of Realtors’ Pending Home Sales Index (PHSI)—which tracks contract signings on existing homes—has ...
The nation’s highest cancellation rates are all in Sunbelt states, Redfin found. Topping the list is Jacksonville, Fla., ...
New data shows canceled home sales are rising – is this the start of a true buyer’s market? Here’s what we know.
Pending Home Sales Regional Breakdown The Northeast PHSI fell 8.1% from last month to 62.3, down 1.3% from December 2023. The Midwest index shrunk 4.9% to 74.3 in December, down 6.9% from the ...
Existing home sales also fell in August, down 15.3% below the August 2022 level. The NAR’s Pending Home Sales Index fell to a reading of 71.8 in August.
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Pending home sales fell 4.5% month over month in December on a seasonally adjusted basis—the largest decline since October 2022—and dropped 2.3% ...
Pending home sales fell a bit in June even as the supply of homes for sale rose. The National Association of Realtors (NAR) ...
By coincidence, the volume of existing-home sales in 2001 fell within the range of 5.0 to 5.5 million, which is considered normal for the current U.S. population.
Nearly 15% of pending home sales got canceled in June, according to Redfin, with buyers walking away from deals in record ...
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