Pending home sales down nearly 25% from 2021 in August
Pending home sales down nearly 25% from 2021 in August
Abstract
NAR said it expects existing home sales to fall 15.2% over year in 2022, to 5.19 million units.
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Pending home sales were down nearly 25% in August. NAR said it expects existing-home sales to fall 15.2%ย year over year in 2022, to 5.19 million units.
The post Pending home sales down nearly 25% from 2021 in August appeared first on HousingWire.
Pending home sales were down nearly 25% in August. NAR said it expects existing-home sales to fall 15.2%ย year over year in 2022, to 5.19 million units.
The post Pending home sales down nearly 25% from 2021 in August appeared first on HousingWire.
โWhile homes sales were down over our record-breaking volume from the same month last year, they increased 3.1 percent over July 2022,โ Steve Jolly, president of Greater Nashville Realtors, said in a news release. โThis should be comforting to consumers who now see the resiliency of the Nashville real estate market."
โWhile homes sales were down over our record-breaking volume from the same month last year, they increased 3.1 percent over July 2022,โ Steve Jolly, president of Greater Nashville Realtors, said in a news release. โThis should be comforting to consumers who now see the resiliency of the Nashville real estate market."
As mortgage rates rise and inventory dwindles, real estate agents are taking it on the chin as pending home sales dry up.
The post Pending home sales are down 31% from last year appeared first on HousingWire.
As mortgage rates rise and inventory dwindles, real estate agents are taking it on the chin as pending home sales dry up.
The post Pending home sales are down 31% from last year appeared first on HousingWire.
August market stats were published by the NWMLS on Friday before the holiday weekend. The King County median price of single-family homes rose over 10 percent year-over-year for the first time since May of 2018. Inventory is way down from a year ago, and pending sales climbed to an all-time record highโฆ
The post NWMLS: Pending sales hit an all-time high in August appeared first on Seattle Bubble.
August market stats were published by the NWMLS on Friday before the holiday weekend. The King County median price of single-family homes rose over 10 percent year-over-year for the first time since May of 2018. Inventory is way down from a year ago, and pending sales climbed to an all-time record highโฆ
The post NWMLS: Pending sales hit an all-time high in August appeared first on Seattle Bubble.
The National Association of Realtors is reporting that pending home sales were down 3.9% in April, 2022.ย The NARโs Pending Home Sales Index (a forward-looking indicator based on contract signings) dropped to 99.3, down 3.9% month-pver-month.ย Pending sales have now dropped for eleven consecutive months. โPending contracts are telling, as they better reflect the timelier impact from higher mortgage rates than do closingsโฆThe latest contract signings mark six consecutive months of decline...
The National Association of Realtors is reporting that pending home sales were down 3.9% in April, 2022.ย The NARโs Pending Home Sales Index (a forward-looking indicator based on contract signings) dropped to 99.3, down 3.9% month-pver-month.ย Pending sales have now dropped for eleven consecutive months. โPending contracts are telling, as they better reflect the timelier impact from higher mortgage rates than do closingsโฆThe latest contract signings mark six consecutive months of decline...
CNBC's Diana Olick reports on August's pending homes sales data.
CNBC's Diana Olick reports on August's pending homes sales data.
Higher mortgage rates are taking their toll on home sales, as a strong housing market begins to turn.
Higher mortgage rates are taking their toll on home sales, as a strong housing market begins to turn.
CNBC's Diana Olick reports on pending home sales from May.
CNBC's Diana Olick reports on pending home sales from May.
The top 25 lenders grew to 43.9% overall market share in 2021, up from 38.9% in 2020, the CFPB report found. That total has been rising every year since 2018.
The post Top 25 lenders increased market share in 2021: HMDA appeared first on HousingWire.
The top 25 lenders grew to 43.9% overall market share in 2021, up from 38.9% in 2020, the CFPB report found. That total has been rising every year since 2018.
The post Top 25 lenders increased market share in 2021: HMDA appeared first on HousingWire.
The numbers:ย U.S. pending-home sales fell in June by 8.6%, according to the monthly index released Wednesday by the National Association of Realtors. Analysts polled by the Wall Street Journal had forecast the pending home sales index to drop by 1%. The drop in pending home sales is the biggest since the depths of the pandemic in April and March 2020. It also follows gloomy data on new home sales, builder confidence, as well as decliningย mortgage application volume. Key details: Compared with ...
The numbers:ย U.S. pending-home sales fell in June by 8.6%, according to the monthly index released Wednesday by the National Association of Realtors. Analysts polled by the Wall Street Journal had forecast the pending home sales index to drop by 1%. The drop in pending home sales is the biggest since the depths of the pandemic in April and March 2020. It also follows gloomy data on new home sales, builder confidence, as well as decliningย mortgage application volume. Key details: Compared with ...