Pending home sales were at a historic low level in October, according to new data from the National Association of Realtors (NAR). The NAR Pending Home Sales Index (PHSI) in October fell 1.5% from the previous month to 71.4, the lowest number since the index was...
A September of home sales, overseas central banks pausing their rate hikes and Jamie Dimon’s decision to sell his JPMorgan shares. From the wild and wooly world of real estate, here are the hits and misses for the week of Oct. 23-27. Hit: Score One for Resiliency....
Pending home sales recorded a 1.1% uptick from August to September, according to data from the National Association of Realtors (NAR), which also noted pending transactions were down 11% from one year earlier. NAR’s Pending Home Sales Index (PHSI) for September had a...
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,...
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...
Mortgage Rates Reach 7.40%, Highest Since November 2023
