Pending Home Sales Slip 1.2 Percent Nationally
Contract activity is down for the fifth consecutive month per NAR’s March numbers
Contract activity is down for the fifth consecutive month per NAR’s March numbers
All-cash sales also hit a new high last month in the largest share since 2014
The median existing-home sales price rose 15 percent year-over-year to $375,300
Month-over-month, contract signings were down across all regions, except the Northeast
The inventory of unsold existing homes increased slightly to 870,000—equivalent to 1.7 months of supply
Total housing wealth rose $8.2 trillion from 2010-2020, with 6.3 million more new homeowner households
The median existing-home sales price rose 15.4 percent on a year-over-year basis to $350,300
The median sales price of single-family existing homes was up 14.6 percent to $361,700
More than 400,000 fewer homes are available for households earning $75,000-100,000 compared to the start of the pandemic
The Association claims REX makes false, misleading claims to deceive consumers
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