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Pending home sales pick up in February: NAR

Housing Wire

Pending home sales increased modestly in February despite rising mortgage rates , growing 1.6% month over month, according to the newest data released Thursday by the National Association of Realtors (NAR). For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. in January.

Inventory 418
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Pending home sales surged in December: NAR

Housing Wire

month over month in December, according to the newest data from the National Association of Realtors (NAR). For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. New home sales , another measure of contract signings, rose 8% in December on the back of declining mortgage rates.

Contracts 445
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Pending home sales recede in January: NAR

Housing Wire

month over month in January, according to the newest data from the National Association of Realtors (NAR). For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. However, the timing and number of purchases will largely depend on the prevailing mortgage rates and inventory availability.”

Contracts 371
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Pending home sales fall 38% in November

Housing Wire

according to data released last Wednesday by the National Association of Realtors. An index of 100 is equal to the level of contract activity in 2001. Yet, mortgage applications point to a thawing, but still cold, housing market as mortgage rates come down.”.

Contracts 481
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Pending home sales were flat in April, but the South is a bright spot

Housing Wire

After falling for the first time since November 2022 in March , pending home sales remained unchanged in April, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. annual drop recorded in March.

Inventory 341
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Pending home sales rise for the first time since May 2022

Housing Wire

according to data released Friday by the National Association of Realtors (NAR). Mortgage rates are the dominant factor driving home sales, and recent declines in rates are clearly helping to stabilize the market.” An index of 100 is equal to the level of contract activity in 2001. “We compared to December 2021.

Contracts 413
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Pending home sales are down 31% from last year

Housing Wire

according to data released Friday by the National Association of Realtors. An index of 100 is equal to the level of contract activity in 2001. or lower mortgage rate they locked in at. The new normal for mortgage rates could be around 7% for a while,” Yun added. “On This is the fourth consecutive month of declines.

Contracts 508