Pending Home Sales Down 2.3 Percent in September
Contract signings were 8 percent lower than September 2020
Contract signings were 8 percent lower than September 2020
Properties sold last month hit a new record median sales price of $408,800
This is the O.C.’s first double drop in sales and prices since May 2020
Investor competition continues to force first timers out of the market
While sales remained strong throughout much of the state, some regions slowed heading into the final quarter of the year
The median existing-home sales price climbed 13.3 percent year-over-year
New data shows existing home sales reverse four-month decline, up 5.6 percent from August
More and more Americans feel it’s a bad time to buy due to high home prices
The monthly report notes persistent supply chain disruptions and labor market tightness as stressors
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