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Pending home sales fall to their lowest level in two decades

Housing Wire

Pending home sales in October fell to their lowest level since 2001. in October on a month-over-month basis, according to data released Thursday by the National Association of Realtors (NAR). In today’s tough housing market, the rental market is cooling off, giving some relief to homebuyers. down from 72.6

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Pending home sales fell 7.1% in August

Housing Wire

in August, 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. Mortgage rates have been rising above 7% since August, which has diminished the pool of home buyers,” Lawrence Yun, NAR chief economist said.

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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. Looking ahead Confronted with limited existing home inventory, many buyers have pivoted to newly constructed homes. in November.

Contracts 450
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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.”. month-over-month drop that resulted in an index reading of 73.9,

Contracts 493
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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. Persistent inflation has proven quite harmful to the housing market,” Lawrence Yun, NAR’s chief economist, said in a statement. This is the fourth consecutive month of declines.

Contracts 521
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Pending home sales fell 2.7% in May though demand remains strong

Housing Wire

After holding steady month over month in April , pending home sales were back down again in May, dropping 2.7%, 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 April.

Contracts 369
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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. As a result, long-term housing demand is increasing more significantly in these regions. Pending home sales dropped 4.9%

Contracts 423