Pending home sales in August were down 7.1% from July and down 18.7% from August 2022, according to data from the National Association of Realtors (NAR). The trade group’s Pending Home Sales Index, a forward-looking indicator of home sales based on contract signings,...
Existing home sales in August were down 0.7% from July to a seasonally adjusted annual rate of 4.04 million, according to data from the National Association of Realtors (NAR). Year-over-year, sales dropped by 15.3% from the 4.77 million recorded in August 2022. While...
A Phil Hall Op-Ed: The good folks at LendingTree (NASDAQ:TREE) released a survey of homeowners regarding their ongoing or planned renovation projects for their residences. If these results are any indication, the decline of existing home sales that defined this year...
Pending home sales were up for the second consecutive month in July, according to data from the National Association of Realtors (NAR). NAR’s Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, inched up by 0.9% to...
Existing home sales were in retreat last month, according to new data from the National Association of Realtors (NAR). During July, completed transactions were down 2.2% from June to a seasonally adjusted annual rate of 4.07 million. On a year-over-year measurement,...