New contracts for home purchases are coming in very low this month. We counted 10% fewer home sales for the week than the same week a year ago. In the fourth quarter of 2024, sales were coming in ...
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Fewer homes went under contract in December amid high rate painThe Pending Home Sales Index, which tracks contract signings on existing homes, dropped 5.5% from November to 74.2, snapping a four-month streak of gains, according to the National Association of ...
The housing market took a dramatic shift to round out 2024 as pending home sales decreased to 5.5% in December. “Buyers pulled back in response to climbing mortgage rates. Contract signings fell 5% ...
Data show that contract activity has slowed at the beginning of 2025. The housing market remains slow in early 2025, as high ...
Pending sales fell in all regions, with the West and Northeast seeing the biggest monthly drops at decreases of 8.1% and 10.3%, respectively. Signed contracts on existing homes dropped a sharp 5.5% in ...
Some 26 condos, 10 co-op apartments and five townhouses made up the deals in the seven days ending Sunday in the busiest week ...
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