US pending home sales jump to 13-month high
An index of contract signings from the National Association of Realtors climbed 3.4% to highest since February 2023.
US existing home sales drop in March; median price increases
U.S. existing home sales fell in March as higher interest rates and house prices sidelined buyers from the market.
US pending home sales jumped in March, beating expectations by a mile
Despite the March gain, pending home sales are still “in a fairly narrow range over the last 12 months without a measurable breakout,” NAR’s chief economist, Lawrence Yun, said in a release. “Meaningful gains will only occur with declining mortgage rates and rising inventory.”
New home sales skyrocketed in March as existing home sales plunged
In other news - despite consistently high mortgage rates, sales of newly built homes in the united states rose significantly in march. New home sales increased by 8.8 percent to 693,000, easily beating economists projections by more than 20,000 sales. It’s the strongest monthly increase in more than two years, according to a FactSet poll.
Existing Home Sales Dwindles in March: What's Causing It?
Existing home sales, which make up approximately 90% of the United States home sales, pulled back in March 2024, showcasing a decline from the prior month’s levels and year over year. The housing market seems to be reeling ]under increasing mortgage rates,
US Existing-home sales in March 2024: The number of existing home sales dropped
Sales of previously-owned homes in the US fell in March from a one-year high, underscoring the lingering impact of high mortgage rates and elevated prices. Contract closings fell 4.3% from the previous month to a 4.
US new home sales rebound to six-month high; rising mortgage rates a concern
Sales of new U.S. single-family homes rebounded in March from February's downwardly revised level, drawing support from a persistent shortage of previously owned houses on the market, but momentum could be curbed by a resurgence in mortgage rates.
Pending home sales see unexpected jump in March, despite rising mortgage rates
U.S. pending home sales rose 3.4% in March from the previous month, the National Association of Realtors said on Thursday.
Pending Home Sales Ascended 3.4% in March
Pending home sales increased 3.4% in March. Month over month, contract signings rose in the Northeast, South and West but dropped in the Midwest. Compared to one year ago, pending home sales declined in the Northeast and South while the Midwest and West improved.
March Pending Home Sales Increase More Than Expected
Pending home sales in the US climbed more than projected to the highest level in a year last month, though growth remains constrained by low inventory and high mortgage rates, the National Association of Realtors said Thursday.
US Existing-Home Sales Decline as Rates Keep Buyers Sidelined
Sales of previously-owned homes in the US fell in March from a one-year high, underscoring the lingering impact of high ...
US home prices rose in February at the fastest pace in more than a year
US home-price growth accelerated in February at the fastest annual pace since November 2022, a sign that America’s housing ...
San Francisco Examiner8d
New US home sales pick up in March
Sales of new homes across the United States increased sharply last month, according to fresh government data published ...
Bloomberg L.P.6d
US Pending Home Sales Jump in March to Hit Highest in Year
Pending sales of existing US homes in March reached their highest levels in a year in spite of persistently high ...
Sleep Number sales slump as company plans to close 30 stores
"Our actions are positioning Sleep Number to greater resilience across a range of macroeconomic and industry environments," ...