The US economy added 177,000 jobs in April, a stronger than expected number, and Lawrence Yun, chief economist of the National Association of Realtors (NAR), stated this was evidence of a healthy economy. “Income growth is outpacing consumer price inflation,” said Yun...
Pending home sales surged by in March, marking the greatest month-to-month increase since December 2023. The National Association of Realtors’ (NAR) Pending Home Sales Index was up by 6.1% month-over-month to a reading of 76.5 in March; an index of 100 is equal to the...
Existing home sales sank by 5.9% from February to March to a seasonally adjusted annual rate of 4.02 million, according to data from the National Association of Realtors (NAR). Year-over-year, sales dropped by 2.4% from the 4.12 million transactions in March 2024. On...
Pending home sales were on the rise in February, according to data from the National Association of Realtors (NAR). Last month, NAR’s Pending Home Sales Index (PHSI) grew 2.0% to 72.0 in February; an index of 100 is equal to the level of contract activity in 2001....
Existing home sales jumped 4.2% from January to February, reaching a seasonally adjusted annual rate of 4.26 million in February. According to data from the National Association of Realtors (NAR), year-over-year sales were down by 1.2% from 4.31 million in February...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
