Pending Home Sales Ascended 3.4% in March
Key Highlights 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. " data-src="https://w
Housing Affordability Weakened in February 2024
According to NAR's Housing Affordability Index, housing affordability declined nationally in February compared to the previous month. The monthly mortgage payment decreased by 3.0%, while the median price of single-family homes declined modestly by 1.5%. The monthly mortgage payment decreased by $59
Home Sales Tumble, But There’s Hope for a Turnaround
" data-src="https://cdn.nar.realtor/sites/default/files/styles/inline_paragraph_image/public/gettyimages-1339637229.jpg?itok=9aU13HxI" class="b-lazy" width="1200" height="580" alt="downward arrow with house"> © lerbank - iStock/Getty Images Plus The spring housing market is off to a sluggish start,
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