Pending Home Sales Climb to Highest Level Since March
Appraisal Buzz
OCTOBER 30, 2024
The National Association of REALTORS (NAR) reports that pending home sales increased in September. higher as buyers responded to slightly improved affordability in the new construction segment as well. According to Yun, in 2025 and 2026, the median price of an existing home will increase to $410,700 and $420,000, respectively.
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