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Pending Home Sales Up in March

Pending Home Sales Up in March

by Phil Hall | Apr 25, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales in March were up by 3.4% from February and up by 0.1% from one year earlier, according to new data from the National Association of Realtors (NAR). The trade group’s Pending Home Sales Index (PHSI) increased to 78.2 in March; an index of 100 is...
Existing Home Sales Drop in March

Existing Home Sales Drop in March

by Phil Hall | Apr 18, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales tanked in March, according to data from the National Association of Realtors (NAR). Last month, total existing home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – declined by 4.3% from February...

Housing Costs Help Drive Up Inflation in Latest Consumer Price Index Data

by Phil Hall | Apr 10, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

The housing market contributed to the uptick in the latest Consumer Price Index (CPI) data published today by the U.S. Bureau of Labor Statistics. The CPI for March recorded a 3.5% year-over-year increase, up from the 3.2% annual uptick in February. Last month marked...
Pending Home Sales Up in March

Pending Home Sales Up in February

by Phil Hall | Mar 28, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales during February were up by 1.6% from January, according to the National Association of Realtors (NAR). On a year-over-year basis, pending sales were down by 7%. NAR’s Pending Home Sales Index (PHSI) increased to 75.6 in February; an index of 100 is...
Existing Home Sales Up 9.5%

Existing Home Sales Up 9.5%

by Phil Hall | Mar 21, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Existing home sales during February spiked by 9.5% from January to a seasonally adjusted annual rate of 4.38 million, according to new data from the National Association of Realtors (NAR). This represented the largest monthly increase since February 2023. However, on...
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