US pending home sales rise for third straight month, NAR says
Contracts to buy U.S. previously owned homes rose unexpectedly in October, notching a third straight month of increases, despite high mortgage rates and as inventory of properties for sale continued to build and a healthy job market fortifies the finances of prospective buyers.
Pending Home Sales Climbed 2.0% in October, Third Straight Month of Gains
Pending home sales ascended in October – the third consecutive month of increases – according to the National Association of Realtors ®. All four major U.S. regions experienced month-over-month gains in transactions, with the Northeast leading the way. Year-over-year, contract signings increased in all four U.S. regions, led by the West.
U.S. October Pending Home Sales Index unexpectedly jumped 2% M/M to 77.4, vs. -2.1% expected and +7.4% in September, making ...
The 77.4 reading for NAR’s pending sales index is the highest mark since March and the third highest going back to December ...
Scripps News on MSN15h
Home sales tick up amidst good economic news ahead of the holidaysThe National Association of Realtors monthly Pending Home Sales Index reached its highest level since March last month, with ...
NAR’s Pending Home Sales Index increased 0.9% in the South to 90.0 in October, up 2.5% from a year ago. Pending sales grew ...
Washington, DC, November 27, 2024-The Pending Home Sales Index elevated 2.0% to 77.4 in October, according to the National ...
Pending home sales increased in October as house hunters reacted to increased property inventory and confidence over economic ...
Home contract signings rose in October for the third consecutive month as homebuyers took advantage of growing inventory ...
U.S. pending home sales rose 12.1% year over year during the four weeks ending November 24, the biggest increase since May 2021, according to a new report from Redfin (RDFN). “One reason for the ...
WPBF West Palm Beach on MSN6d
Home sales plummeting in five Florida markets faster than rest of the nationYear over year, home sales during a recent four-week period fell faster in five Florida markets than any other across the ...
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