The number of Americans signing contracts to buy homes rebounded by a record 44.3% in May after a record-breaking decline the previous month, as effects of the coronavirus pandemic sidelined both buyers and sellers.
Tagged with: pending home sales
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More Americans signed contracts to buy homes in August, suggesting that low mortgage rates may lead to a sustained turnaround for the housing market.
Tagged with: pending home sales
Read More »General contractors and other small businesses in the home-remodeling industry can expect their revenue inflows to slow in 2019 as a result of rising mortgage rates and sluggish home sales.
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Pending home sales slipped in August as fewer Americans signed contracts to purchase a house, the fourth decline in the past five months.
Tagged with: pending home sales Residential Construction
Read More »Slightly more Americans signed contracts to buy homes in March, yet higher mortgage rates and a shortage of houses for sale are weighing on buyers.
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Slightly more people signed contracts in November to buy homes, and pending sales rose just 0.2 percent as the housing market coped with a dwindling supply of properties on the market.
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Read More »More people signed contracts in October to buy homes, ending three straight months of declines.
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Read More »Fewer people signed contracts to buy homes in August, marking the fifth decline in the past six months. The 2.6 percent fall continues to show there is a worsening shortage of homes being listed for sale.
Tagged with: pending home sales
Read More »Fewer Americans signed contracts to buy U.S. homes in August, the third straight decline. The drop could mean that higher mortgage rates are starting to deter buyers.
Tagged with: National Association of Realtors pending home sales
Read More »A measure of Americans who signed contracts to buy homes fell only slightly in February to the second-highest level in almost three years. The report suggests sales of previously occupied homes will keep rising in the coming months.
Tagged with: National Association of Realtors pending home sales real estate
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