Pending home sales dropped sharply in December as mortgage rates climbed. The average rate on the 30-year fixed went from a low of 6.68% on Dec.6 to a high of 7.14% on Dec. 19. Sales fell in all ...
After reporting four straight monthly increases by U.S. pending home sales, the National Association of Realtors released a report on ...
Pending home sales fell 5.0% from a year earlier. On a regional basis, signings declined on both a monthly and annual basis in all four regions. Month-over-month the declines were led by an 8.1% drop ...
Housing contract activity slowed down in December, suggesting higher mortgage rates are giving some buyers pause. The Pending Home Sales Index, which tracks contract signings on existing homes, ...
The post New-Home Sales Rose in December in Defiance of Higher Mortgage Rates appeared first on Real Estate News & Insights | realtor.com®.
Although this month’s Housing Market Index rating of 47 falls slightly short of the NAHB’s benchmark of 51, the index’s ...
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Shaya Prager paid $4.5 million for 311 East 51st Street, then sold it two months later to an associate for $6 million.
In news that may frustrate would-be homebuyers, home prices are not falling, even though sales are. In fact, they’re still ...
According to the Census Bureau, new home sales were better than expected in December 2024, rising 3.6% to a seasonally ...