Pending home sales continue to slip as 2021 approaches
Housing Wire
DECEMBER 30, 2020
year-over-year, according to a report from the National Association of Realtors. Year-over-year, contract signings increased by 16.4%. As 2021 approaches, Yun predicts that there will be a slight uptick in mortgage rates to around 3%, existing-home sales to increase by roughly 10% and new home sales to increase by 20%.
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