Pending Home Sales Fell 5.5% in December - Yahoo Finance

12 hours ago · The Pending Home Sales Index (PHSI)* – a forward-looking indicator of home sales based on contract signings – slid 5.5% to 74.2 in December. Year-over-year, pending …

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Pending Home Sales Fell 5.5% In December - Yahoo Finance

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12 hours ago · The Pending Home Sales Index (PHSI)* – a forward-looking indicator of home sales based on contract signings – slid 5.5% to 74.2 in December. Year-over-year, pending …

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US Pending Home Sales Drop To Snap Four Months Of Gains

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12 hours ago · The National Association of Realtors (NAR) said on Thursday its Pending Home Sales Index, based on signed contracts, fell 5.5% last month to 74.2 from a downwardly …

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Pending Home Sales Fell The Most Since 2022 In December As …

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SEATTLE, January 17, 2025--(NASDAQ: RDFN) — Pending home sales fell 4.5% month over month in December on a seasonally adjusted basis—the largest decline since October …

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Housing Market Could Remain 'sluggish' In Near-term: Economist

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8 hours ago · According to new data from the National Association of Realtors (NAR), pending home sales fell 5.5% month-over-month in December 2024. The West Coast in the United …

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Pending Home Sales Drop Sharply In December, As Mortgage Rates …

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11 hours ago · Pending home sales dropped sharply in December as mortgage rates climbed. The average rate on the 30-year fixed went from a low of 6.68% on Dec.6 to a high of 7.14% …

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Pending Homes Sales Plunge After 4 Months Of Increases

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8 hours ago · The housing market took a dramatic shift to round out 2024 as pending home sales decreased to 5.5% in December.

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Pending Home Sales Decline 5.5% In December - MSN

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Pending home sales in the U.S. fell 5.5% in December, according to the National Association of Realtors® (NAR). This decline follows four consecutive months of increases.

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NAR: Pending Home Sales Decrease 5.5% In December; Down …

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12 hours ago · From the NAR: Pending Home Sales Fell 5.5% in December Pending home sales retracted 5.5% in December – following four consecutive months of increases – according to …

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Pending Home Sales Fall To 24-Month Low - The MortgagePoint

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Jan 17, 2025 · Pending home sales fell 4.5% month over month in December on a seasonally adjusted basis—the largest decline since October 2022—and dropped 2.3% year-over-year, …

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US Pending Home Sales Stuck At 22-year Low Despite Dip In Rates

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Dec 28, 2023 · “With mortgage rates falling further in December – leading to savings of around $300 per month from the recent cyclical peak in rates – home sales will improve in 2024.” …

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Pending Home Sales Fell 5.5% In December - Markets Insider

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11 hours ago · Pending home sales retracted 5.5% in December – following four consecutive months of increases – according to the National Association of Realtors ®.

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Stock Market Today: Dow, S&P 500, Nasdaq Chug Higher With …

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7 hours ago · The Pending Home Sales Index, which tracks contract signings on existing homes, dropped 5.5% from November to 74.2, snapping a four-month streak of gains, according to the …

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Pending Home Sales Slide 3.8% In December - Yahoo Finance

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Jan 27, 2022 · Existing-home sales are expected to decline by 2.8% in 2022, and home prices are expected to move higher by 5.1% due to the ongoing housing shortage, even as builders ramp …

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Housing Market Could Remain 'sluggish' In Near-term: Economist

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4 hours ago · According to new data from the National Association of Realtors (NAR), pending home sales fell 5.5% month-over-month in December 2024. The West Coast in the United …

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US Pending Home Sales Drop 5.5% In December | VT News

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Pending home sales in the U.S. unexpectedly dropped by 5.5% in December, marking the first decline since July and ending a four-month growth streak, according to the National …

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Wall Street Follows FTSE Higher As Traders Weigh US Economy …

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17 hours ago · The oil giant’s fourth quarter earnings fell sharply due to weaker energy prices and margins, meaning the overall haul for 2024 declined to $23.7bn. But with better-than-expected …

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US Pending Home Sales Fell 5.5% In December - Forex Factory

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12 hours ago · Pending home sales retracted 5.5% in December – following four consecutive months of increases – according to the National Association of REALTORS®. All four U.S. …

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US Pending Home Sales Drop To Snap Four Months Of Gains

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1 day ago · The National Association of Realtors (NAR) said on Thursday its Pending Home Sales Index, based on signed contracts, fell 5.5% last month to 74.2 from a downwardly revised 78.5 …

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FAQs about Pending Home Sales Fell 5.5% in December - Yahoo Finance Coupon?

Did pending home sales fall 55% in December 2024?

According to new data from the National Association of Realtors (NAR), pending home sales fell 5.5% month-over-month in December 2024. The West Coast in the United States was hit the hardest. Redfin Head of Economic Research Chen Zhao joins Wealth to discuss what this signals for the broader health of the housing market. ...

Did pending home sales fall the most since 2022?

Pending Home Sales Fell the Most Since 2022 in December as Mortgage Rates Jumped Business Wire Fri, Jan 17, 2025, 8:00 AM7 min read In This Article: RDFN Redfin reports roughly 40,000 home purchases were called off in December, equal to 16% of homes that went under contract—the highest December percentage on record ...

What happened to pending home sales in December?

Pending home sales in December decreased 5.5%. Compared to one month ago, pending sales declined in all four U.S. regions, with the West recording the largest drop. Year-over-year, contract signings retreated in all four U.S. regions, with the Midwest showing the biggest reduction. ...

How did the pending home sales index perform in December?

The National Association of Realtors Pending Home Sales index fell 4.9% to 74.3. A poll by Reuters showed economists expected a 1.0% increase. The increase in pending sales in December was revised sharply lower to 5.7% from 8.3%, even as the index value for that month was revised higher, reflecting NAR revisions for 2023. ...

Where did home sales fall in December?

Sales fell in all regions, with the West and Northeast seeing the biggest monthly drops with 8.1% and 10.3% decreases, respectively. Signed contracts on existing homes dropped a sharp 5.5% in December from the previous month and fell 5% from the prior year, according to the National Association of Realtors. ...

Why did home sales decline in December?

Home purchases fell through at the highest December rate on record, which likely contributed to the decline in pending sales. Nearly 40,000 home-purchase agreements were canceled in December, equal to 16.2% of homes that went under contract that month. ...