Contracts to buy previously owned U.S. homes dropped more than expected in June, weighed down by higher mortgage rates.

The number of homes going under contract in the U.S. unexpectedly declined in June, as high prices and mortgage rates persist ...

Home prices are high even as inventory keeps rising. In June, NAR data shows pending home sales dropped amid tough conditions ...

Sales rose in all four regions. Economists polled by Reuters had forecast contracts, which become sales after a month or two, would edge up 0.1%. Pending home sales advanced 1.1% from a year earlier.

Pending home sales in the U.S. unexpectedly decreased in the month of June, according to a report released by the National Association of Realtors on Wednesday. NAR said its pending home sales index ...

Nearly 750 homes were sold and pending sales were up 7% to 730, a July 9 report showed. It reflects data in a Multiple Listing Service from an eight-county region that includes Adams, Allen ...

The U.S. housing market has been in a slump since early 2022, when mortgage rates began to climb from pandemic-era lows. Home sales fell last year to their lowest level in nearly 30 years.

U.S. existing home sales dropped to a nine-month low in June as higher mortgage rates and economic uncertainty keep potential buyers on the sidelines, pointing to a deepening housing market slump.

In a surprising turn of events, the National Association of Realtors (NAR) has reported a decrease in pending home sales, indicating a slowdown in the housing market. The actual figure stands at -0.8% ...

NAR said its pending home sales index jumped by 1.8 percent to 72.6 in May after tumbling by 6.1 percent to a revised 71.3 in April.

The National Association of Realtors said Wednesday that its seasonally adjusted pending home sales index climbed 0.8 percent the past month to 104.8 from a revised 104 in October. The index remains ...