Pending Home Sales Slide 3.8 Percent In December
NAR predicts existing-home sales to decline by 2.8 percent in 2022
NAR predicts existing-home sales to decline by 2.8 percent in 2022
Existing-home sales totaled 6.12 million in 2021–an increase of 8.5 percent from the prior year
Compared to the prior month, contract signings dropped in November in all regions of the country
The median existing home sales price rose 13.9 percent year-over-year to $353,900 in November
Dallas-Fort Worth, Knoxville, San Antonio, Spartanburg and Tucson among the metropolitan areas
Contract signings increased in all regions across the U.S. following declines in September
The median existing-home sales price increased 13.1 percent year-over-year to $353,900
Contract signings were 8 percent lower than September 2020
Investor competition continues to force first timers out of the market
The median existing-home sales price climbed 13.3 percent year-over-year
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