Pending home sales drop sharply in December, as mortgage rates surge back over 7%
Pending home sales dropped sharply in December as mortgage rates climbed. The average rate on the 30-year fixed went from a low of 6.68% on Dec.6 to a high of 7.14% on Dec. 19. Sales fell in all ...
U.S. Pending Home Sales Unexpectedly Pull Back Sharply In December
After reporting four straight monthly increases by U.S. pending home sales, the National Association of Realtors released a report on ...
US Pending Home Sales Drop to Snap Four Months of Gains
Pending home sales fell 5.0% from a year earlier. On a regional basis, signings declined on both a monthly and annual basis in all four regions. Month-over-month the declines were led by an 8.1% drop ...
The Union5h
Brian Hamilton: 2024 home sales eke past prior year
It wasn’t by a wide margin, but western Nevada County home sales squeaked past prior year, despite the weakest December sales ...
Fewer homes went under contract in December amid high rate pain
The Pending Home Sales Index, which tracks contract signings on existing homes, dropped 5.5% from November to December as mortgage rates hover near 7%.
Homes at or under $1 million in Bergen County, Jan. 20 to 26
Prospective homebuyers considering the real estate market had a range of options in various neighborhoods throughout the ...
Tampa Free Press on MSN1h
Pending Home Sales Decline 5.5% In December
Pending home sales in the U.S. fell 5.5% in December, according to the National Association of Realtors® (NAR). This decline follows four consecutive months of increases. All four major U.S. regions ...
Pending home sales surprise lower in December, halting four-month gain
The Pending Homes Sales Index drifted down 5.5% M/M to 74.2, the 0.0% consensus and +1.6% in November (revised down from +2.2%), according to data released by the National Association of Realtors.
nationalmortgageprofessional.com1h
Homebuyer Affordability Doesn't Budge In December
Homebuyer affordability remained flat in December as the national median mortgage payment applied for by purchase applicants declined just $6 to $2,127 — the same level they were at in October — from ...
U.S. Pending Home Sales Fall for First Time Since Summer — NAR
--U.S. existing home sales fell in 2024 to the lowest level since 1995, as stubbornly high mortgage rates persist, the NAR said last week. Write to Ed Frankl at edward.frankl@wsj.com ...
What $1 million or less gets you in Essex County, Jan. 20 to 26
Prospective homebuyers considering the real estate market had a range of options in various neighborhoods throughout the region between Jan. 20 and Jan. 26. In this article, we outline recent property ...
Arabian Business4h
Dubai real estate: Average residential prices revealed, office rental supply limits and hospitality sector booming
Dubai’s real estate sector remains healthy as off-plan property sales and thriving hospitality sector drives growth ...