The pending home sales index dropped 0.8% month-to-month and is now 1.7% lower than May 2016. The inventory crisis is worst on the low end of the market, where demand is highest.
Stories Related to Pending Home Sales Tumble As Supply Crisis Hits Sales
CNBC, York Daily Record
Wed, 06/28/2017 - 9:08am
Sections: u.s.
Topics: Pennsylvania York County York
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BING NEWS:
- March Pending Home Sales Increase More Than Expected
The NAR expects median home prices to increase by 1.8% in 2024 to a record $396,800 and another 1.8% in 2025 to $403,800. The association forecasts a 0.6% drop in new home prices in 2024 before ...
04/25/2024 - 7:17 am | View Link - US pending home sales jumped in March, beating expectations by a mile
Home sales based on contract signings unexpectedly ... There isn’t enough housing supply for various reasons, but a key one has been that homeowners are choosing not to sell because they want ...
04/25/2024 - 5:02 am | View Link - 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 borrowing costs and a low supply. An index of contract signings from the National ...
04/25/2024 - 4:22 am | View Link - Pending home sales advance 3.4% in March, more than expected
The Pending Home Sales Index climbed 3.4% to 78.2 in March, well above the 0.3% increase expected and the 1.6% gain in February. From a year ago, pending transactions ticked up 0.1%. "March’s ...
04/25/2024 - 3:15 am | View Link - Pending home sales in March rise to strongest clip in a year — but just barely
More homebuyers signed contracts to purchase homes in March, pushing pending sales to their highest clip in a year. The index for pending home sales ... overwhelm housing supply, and buyers ...
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