Pending home sales sank during July, according to new data from the National Association of Realtors (NAR). The Pending Home Sales Index (PHSI), NAR’s a forward-looking indicator of home sales based on contract signings, dropped by 5.5% to 70.2 in July, the lowest...
Pending home sales in June were up by 4.8% from May but were down 2.6% from June 2023, according to the National Association of Realtors (NAR). The Pending Home Sales Index, NAR’s a forward-looking indicator of home sales based on contract signings, grew to 74.3 in...
A new data report by Redfin (NASDAQ:RDFN) tracking the four weeks ending June 30 has placed the median sales price at $397,954, an all-time high. This price is up 4.9% from one year ago, marking the largest annual increase since March. During the same period, the...
Pending home sales were down by 2.1% in May from April, according to new data from the National Association of Realtors (NAR). Year-over-year, pending sales were down by 6.6%. Last month, NAR’s Pending Home Sales Index (PHSI) – a forward-looking indicator of home...
Pending home sales in April fell by 7.7%, according to data from the National Association of Realtors (NAR). NAR’s Pending Home Sales Index (PHSI) decreased to 72.3 in April; an index of 100 is equal to the level of contract activity in 2001. On a year-over-year...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
