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Pending home sales fall 38% in November

Housing Wire

according to data released last Wednesday by the National Association of Realtors. Falling home sales and construction have hurt broader economic activity.”. An index of 100 is equal to the level of contract activity in 2001. Pending home sales fell for the sixth consecutive month in November, recording a 4.0%

Contracts 511
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Pending home sales fall to their lowest level in two decades

Housing Wire

Pending home sales in October fell to their lowest level since 2001. in October on a month-over-month basis, according to data released Thursday by the National Association of Realtors (NAR). Meanwhile, new home sales posted a better performance as homebuyers pivoted to new construction amid waning existing home supply.

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Pending home sales surged in December: NAR

Housing Wire

month over month in December, according to the newest data from the National Association of Realtors (NAR). For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. The trade group also predicts that rent growth will ease due to sizable growth in apartment construction over the past three years.

Contracts 482
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Home prices are still rising, but relief for buyers is coming

Housing Wire

growth is the largest annual growth reported since 1979, as supply and demand pressures endure and construction costs continue to rise, said Frank Nothaft, CoreLogic’s chief economist. in June, according to the National Association of Realtors , which tracks the metric. (An ” The 17.2% on the index in June, an 8.7%

Buyers 514
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iHomefinder taps SaaS veteran Womack to lead sales team

Housing Wire

Womack has worked for and led a diverse portfolio of companies, including a tile and stone product manufacturer, a heavy equipment and construction truck producer, and electric vehicle company Arcimoto. iHomefinder was established in 2001 by Brett DeSchepper and is based in Berkeley, California.

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Pending home sales fall 5.2% in March

Housing Wire

month-over-month decrease, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. In the new construction sector , NAR predicts sales to increase 4.5% year over year. year over year to 4.56 million for all of 2023.

Inventory 459
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Pending home sales fell 2.7% in May though demand remains strong

Housing Wire

After holding steady month over month in April , pending home sales were back down again in May, dropping 2.7%, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. annual drop recorded in April.

Contracts 370