Forecasters had expected it to rise 0.1% instead, according to a survey of economists by Dow Jones Newswires and The Wall Street Journal. The sudden plunge in pending home sales deepened the ...
We got a slight bump in demand in today’s report, which shouldn’t have been a surprise, as pending home sales last month had a surprise beat of estimates. When people were expecting a negative ...
Redfin analysts theorize that pending sales for starter homes have strengthened ... outcome for both buyers and sellers,” Bokhari added. The rise in inventory levels allowed starter home price growth ...
This decline in housing payments is attributed to falling mortgage rates, which have dropped to an average of 6.77%, the lowest since March, as inflation eases ... homebuyer activity remains sluggish.
which become sales after a month or two, would rise 0.4%. Pending home sales plummeted 8.5% on a year-on-year basis in July. “The positive impact of job growth and higher inventory could not ...
According to the National Association of Realtors (“NAR”) recent survey, pending home sales slipped to the lowest ... reached their lowest level since March 2020. Yet, the labor market is ...
Pending home sales fell in all four regions last month. Economists polled by Reuters had forecast contracts, which become sales after a month or two, would rise 0.4%. Pending home sales plummeted ...
For the first time in months, the Thurston County housing market saw the number of home sales rise in August ... Single-family home pending sales rose to 399 units from 377 units compared ...
Sales of existing homes rose in July as house hunters returned to the market with mortgage rates at their lowest levels since February. Existing home sales advanced 1.3% from June to a seasonally ...
12 by the Northern Virginia Association of Realtors. Home sales in the region last month totaled 1,411 units, down almost 14% from the 1,639 sales recorded in July. Pending sales stood at 1,280 units, ...