Such so-called pending sales are an indicator of future closings and the most current indicator of activity in the market.
The U.S. housing market faced a setback in December as pending home sales plunged by 5.5%, following a period of four ...
Sales of newly constructed single-family homes rose last month, and prices ticked higher, defying mortgage rates that stuck ...
The housing market took a dramatic shift to round out 2024 as pending home sales decreased to 5.5% in December. “Buyers ...
The Pending Home Sales Index, which tracks contract signings on existing homes, dropped 5.5% from November to December as ...
Home sales increased in three of the five ZIP codes in Tomball and Magnolia, with total home sales increasing 19.16% year ...
Pending home sales in December decreased 5.5%. Compared to one month ago, pending sales declined in all four U.S. regions, with the West recording the largest drop. Year-over-year, contract signings ...
Pending home sales dropped sharply in December as mortgage rates climbed. The average rate on the 30-year fixed mortgage went from a low of 6.68% on Dec. 6 to a high of 7.14% on Dec. 19.