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Pending Home Sales Drop 1.2% in March

Pending Home Sales Drop 1.2% in March

The National Association of Realtors is reporting that pending home sales were down 1.2% in March, 2022.  The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) dropped to 103.7. “The falling contract signings are implying that multiple offers will soon dissipate and be replaced by much calmer and normalized market conditions…As [...]

The post Pending Home Sales Drop 1.2% in March appeared first on Real Estate Investing Today.

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Pending Home Sales Drop 1.2% in March
Pending Home Sales Drop 1.2% in March
Pending Home Sales Drop 1.2% in March
Pending Home Sales Drop 1.2% in March
realestateinvestingtoday realestateinvestingt... | 1 year ago
The National Association of Realtors is reporting that pending home sales were down 1.2% in March, 2022.  The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) dropped to 103.7. “The falling contract signings are implying that multiple offers will soon dissipate and be replaced by much calmer and normalized market conditions…As [...] The post Pending Home Sales Drop 1.2% in March appeared first on Real Estate Investing Today.
The National Association of Realtors is reporting that pending home sales were down 1.2% in March, 2022.  The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) dropped to 103.7. “The falling contract signings are implying that multiple offers will soon dissipate and be replaced by much calmer and normalized market conditions…As [...] The post Pending Home Sales Drop 1.2% in March appeared first on Real Estate Investing Today.
Pending Home Sales Drop 8.6% in June - Real Estate Investing Today
Pending Home Sales Drop 8.6% in June - Real Estate Investing Today
Pending Home Sales Drop 8.6% in June - Real Estate Investing Today
Pending Home Sales Drop 8.6% in June - Real Estate Investing Today
realestateinvestingtoday realestateinvestingt... | 1 year ago
The National Association of Realtors is reporting that pending home sales were down 8.6% in June, 2022.  The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) dipped to 99.1.  The NAR predicts home sales should start to rebound by early 2023.  Indeed… “Home sales will be down by 13% in 2022, according to our latest projection…With mortgage rates expected to stabilize near 6% and steady job creation, home sales should start to rise by early 2023.. ...
The National Association of Realtors is reporting that pending home sales were down 8.6% in June, 2022.  The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) dipped to 99.1.  The NAR predicts home sales should start to rebound by early 2023.  Indeed… “Home sales will be down by 13% in 2022, according to our latest projection…With mortgage rates expected to stabilize near 6% and steady job creation, home sales should start to rise by early 2023.. ...
Pending homes sales drop to 1 percent in July
Pending homes sales drop to 1 percent in July
Pending homes sales drop to 1 percent in July
Pending homes sales drop to 1 percent in July
Broadcast Media Production and... Broadcast Media Prod... | 1 year ago
CNBC's Diana Olick joins 'Squawk on the Street' to report the drop in pending homes sales in July.
CNBC's Diana Olick joins 'Squawk on the Street' to report the drop in pending homes sales in July.
U.S. pending home sales drop for a sixth month in worst skid since 2018
U.S. pending home sales drop for a sixth month in worst skid since 2018
U.S. pending home sales drop for a sixth month in worst skid since 2018
U.S. pending home sales drop for a sixth month in worst skid since 2018
In-depth analysis, data and st... In-depth analysis, d... | 1 year ago
The number dropped 3.9% from a month earlier to 99.3, according to data released Thursday.
The number dropped 3.9% from a month earlier to 99.3, according to data released Thursday.
Home prices keep rising, despite drop in sales
Home prices keep rising, despite drop in sales
Home prices keep rising, despite drop in sales
Home prices keep rising, despite drop in sales
Broadcast Media Production and... Broadcast Media Prod... | 2 years ago
CNBC's Diana Olick joins 'The Exchange' to report on the housing market and mortgage rates.
CNBC's Diana Olick joins 'The Exchange' to report on the housing market and mortgage rates.
U.S. Pending Home Sales Tumble in June
U.S. Pending Home Sales Tumble in June
U.S. Pending Home Sales Tumble in June
U.S. Pending Home Sales Tumble in June
www.realtor.com www.realtor.com | 1 year ago
The numbers: 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 declining mortgage application volume. Key details: Compared with ...
The numbers: 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 declining mortgage application volume. Key details: Compared with ...
Existing Home Sales Dip 2.7% in March
Existing Home Sales Dip 2.7% in March
Existing Home Sales Dip 2.7% in March
Existing Home Sales Dip 2.7% in March
realestateinvestingtoday realestateinvestingt... | 1 year ago
The National Association of Realtors is reporting that existing home sales were down 2.7% in March to a seasonally-adjusted annual rate of 5.77 million (down 4.5% from one year ago).  Total housing inventory at the end of March was 950k units, down 9.5% from one year ago.  Unsold inventory sits at a 2-month supply at [...] The post Existing Home Sales Dip 2.7% in March appeared first on Real Estate Investing Today.
The National Association of Realtors is reporting that existing home sales were down 2.7% in March to a seasonally-adjusted annual rate of 5.77 million (down 4.5% from one year ago).  Total housing inventory at the end of March was 950k units, down 9.5% from one year ago.  Unsold inventory sits at a 2-month supply at [...] The post Existing Home Sales Dip 2.7% in March appeared first on Real Estate Investing Today.
Mortgage apps decline 1.2% despite drop in rates
Mortgage apps decline 1.2% despite drop in rates
Mortgage apps decline 1.2% despite drop in rates
Mortgage apps decline 1.2% despite drop in rates
housingwire housingwire | 1 year ago
Despite a decline in mortgage rates last week, mortgage application volume was down 1.2% for the week ending May 20. The post Mortgage apps decline 1.2% despite drop in rates appeared first on HousingWire.
Despite a decline in mortgage rates last week, mortgage application volume was down 1.2% for the week ending May 20. The post Mortgage apps decline 1.2% despite drop in rates appeared first on HousingWire.
March sees drop in remortgage instructions
March sees drop in remortgage instructions
March sees drop in remortgage instructions
March sees drop in remortgage instructions
The voice of the UK mortgage i... The voice of the UK ... | 2 years ago
Remortgage instructions decreased by 26% in March as lenders react to the heightened levels of uncertainty around the cost of living crisis, according to the latest remortgage data by LMS. Data showed that there was also 28% drop in completed remortgages in March, which was “entirely expected” given the early repayment charge (EPC) peak at ... This story continues at March sees drop in remortgage instructions Or just read more coverage at Mortgage Finance Gazette
Remortgage instructions decreased by 26% in March as lenders react to the heightened levels of uncertainty around the cost of living crisis, according to the latest remortgage data by LMS. Data showed that there was also 28% drop in completed remortgages in March, which was “entirely expected” given the early repayment charge (EPC) peak at ... This story continues at March sees drop in remortgage instructions Or just read more coverage at Mortgage Finance Gazette
San Francisco Bay Area, Southern California Home Sales Crater, Prices Begin to Drop. California Pend...
San Francisco Bay Area, Southern California Home Sales Crater, Prices Begin to Drop. California Pend...
San Francisco Bay Area, Southern California Home Sales Crater, Prices Begin to Drop. California Pend...
San Francisco Bay Area, Southern California Home Sales Crater, Prices Begin to Drop. California Pend...
wolfstreet wolfstreet | 1 year ago
The first year-over-year price declines crop up as the crazy California housing market “normalizes” amid holy-moly mortgage rates. By Wolf Richter for WOLF STREET. Pending sales in California plunged by 40.6% in June from a year ago, according to the California Association of Realtors (C.A.R.). Listings that went pending in June are expected to turn into closed sales in July, or at least many of them, and given the 40% plunge in pending sales in June, closed sales in July are going to be...
The first year-over-year price declines crop up as the crazy California housing market “normalizes” amid holy-moly mortgage rates. By Wolf Richter for WOLF STREET. Pending sales in California plunged by 40.6% in June from a year ago, according to the California Association of Realtors (C.A.R.). Listings that went pending in June are expected to turn into closed sales in July, or at least many of them, and given the 40% plunge in pending sales in June, closed sales in July are going to be...