“Not all buying interests are being completed due to limited inventory,” said NAR Chief Economist Lawrence Yun.
The post Pending Home Sales Remained Stagnant in April appeared first on Weekly Real Estate News.
Sales of previously occupied US homes slumped in October to their slowest pace in more than 13 years as surging mortgage rates and rising prices kept many prospective homebuyers on the sidelines. Existing home sales fell […]
Housing demand and home prices have proved to be more resilient than expected in the first quarter of the year, but home sales will remain subdued largely due to the rate lock-in effect, according to […]
Builders say more buyers are backing out of sales contracts for new homes as traffic fizzles, causing homebuilder confidence to drop for the eighth straight month, the Commerce Department reported Tuesday. Single-family home construction last […]
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