Pending Home Sales Fall 5.5% in December - realtor.com

Jan 30, 2025  · Pending home sales fell 5.5% in December as buyers pulled back in response to climbing mortgage rates. Contract signings fell 5% year over year, the biggest annual dip since …


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Pending Home Sales Fall 5.5% In December - Realtor.com

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Jan 30, 2025  · Pending home sales fell 5.5% in December as buyers pulled back in response to climbing mortgage rates. Contract signings fell 5% year over year, the biggest annual dip since …

realtor.com

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Pending Home Sales Up 2.2% In November As Consumers Adjust …

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Dec 30, 2024  · Pending home sales increased 2.2% in November, a 6.9% increase from last year. ... Buyers are taking advantage of a less-competitive market, said Realtor.com® Senior …

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Pending Home Sales Climb To Highest Level Since March

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Oct 30, 2024  · While sales in the Midwest and South stayed stable, the Northeast and West saw gains year-over-year. September saw a 7.4% increase in the Pending Home Sales Index …

themortgagepoint.com

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Following Months-Long Rise, Pending Home Sales Reverse Course

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Jan 30, 2025  · NAR’s 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 Drop Sharply In December As Mortgage Rates …

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Jan 30, 2025  · The weakness comes as the supply of homes for sale is finally rising significantly. The number of newly listed homes jumped just over 37% in January compared with …

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New Jersey Real Estate Report | Real Estate, Economics, And Politics

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Jan 29, 2025  · Economists polled by Reuters had forecast new home sales, which account for about 14% of U.S. home sales, would rise to a rate of 675,000 units. New home sales are …

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Pending Home Sales Increase 2% On Lower Rates - Realtor.com

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Nov 27, 2024  · Pending home sales ticked up 0.6% in August as mortgage rates continued to fall. ... hotter-than-expected economic data could result in a pause in rate cuts, which could mean …

realtor.com

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Realtor.com® Research - Housing Data & Real Estate Market Trends

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Dec 3, 2024  · Please attribute to Realtor.com ® Economic Research when quoting members of our team and/or using our housing data, ... Pending home sales fell 5.5% in December. Jan …

realtor.com

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Pending Home Sales Tick Up 0.6% On Falling Rates - Realtor.com

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Sep 26, 2024  · What the August pending home sales data shows Pending home sales ticked up a modest 0.6% in August as buyers largely stayed on the sidelines, waiting for lower mortgage …

realtor.com

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The Typical Home Is Taking Nearly 2 Months To Sell. That’s

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Jan 30, 2025  · Pending sales: 59,044-9.4%: Biggest decline since Sept. 2023: New listings: 68,054: 2.2%: Active listings: ... Redfin is a full-service real estate brokerage that uses modern …

redfin.com

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Pending Home Sales Fall 5.5% Despite Easing Rates - Realtor.com

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Aug 29, 2024  · What the July pending home sales data shows Pending home sales dropped 5.5% in July as affordability remained a challenge for homebuyers, despite easing mortgage rates …

realtor.com

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Pending Home Sales Slip Again As Buyers Face All-Time Low …

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Jan 27, 2022  · What The Data Show: Contract signings declined again in December, with a 3.8% monthly drop, as buyers faced an all-time lowest inventory of unsold homes. Pending home …

realtor.com

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Pending Home Sales Rebound In October, With 7.5% Gain

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Nov 29, 2021  · Sept 2021 Pending Home Sales: As the latest COVID wave retreated in September, contract signings for home purchases slipped 2.3% relative to one month ago and …

realtor.com

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Pending Home Sales Decline In June As Americans Embrace …

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Jul 29, 2021  · Pending home sales were 1.9% below year-ago levels. For many Americans, the end of pandemic restrictions at the beginning of summer led to a shift in focus toward …

realtor.com

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Realtor.com 2025 Housing Forecast - Realtor.com Economic …

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Our 2025 forecast for home sales trends is slightly upward, with an expected annual count of sales to be 1.5% more than 2024, for an annual tally of 4.07 million sales.

realtor.com

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New-Home Sales Continue To Grow In December - Realtor.com

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Jan 27, 2025  · New-home sales rose again in December to a seasonally adjusted annual rate of 698,000, a 3.6% increase from November 2024 and a 6.7% increase from December 2023. …

realtor.com

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83% Of Outstanding Mortgage Debt Has A Sub-6% Rate

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Jan 10, 2025  · As a result, new-home sales climbed annually for the majority of months in the past couple of years. In the third quarter of 2024, 21.3% of outstanding mortgages had an interest …

realtor.com

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North Bergen, NJ Real Estate & Homes For Sale - Realtor.com

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View 147 homes for sale in North Bergen, NJ at a median listing home price of $577,450. See pricing and listing details of North Bergen real estate for sale.

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North Bergen, NJ Recently Sold Homes - Realtor.com

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Jan 10, 2025  · View 137 homes that sold recently in North Bergen, NJ with a median transaction price of $560,000 at realtor.com®.

realtor.com

FAQs about Pending Home Sales Fall 5.5% in December - realtor.com Coupon?

What is the pending home sales index (PHS)?

The Existing-Home Sales data measures sales and prices of existing single-family homes. The Pending Home Sales Index (PHS), a leading indicator of housing activity, measures housing contract activity, and is based on signed real estate contracts for existing single-family homes, condos and co-ops. ...

What is a pending home sale?

It’s the point when a buyer and seller have agreed on the price and terms. Pending home sales tend to lead existing-home sales by roughly 1 to 2 months and are a good indicator of market conditions. The late fall market has suffered from climbing mortgage rates, but buyers seem eager to take advantage of the favorable seasonal dynamics. ...

When will pending home sales be released for December 2024?

Next release: Pending Home Sales for December 2024 will be released on Thursday, January 30, 2025 at 10 a.m. Eastern. The Pending Home Sales Index (PHS), a leading indicator of housing activity, measures housing contract activity, and is based on signed real estate contracts for existing single-family homes, condos, and co-ops. ...

How did pending home sales perform in February?

Pending home sales climbed 0.8% month-over-month in February 2023. Contract signings for existing homes also showed gains in January and December 2023, reflecting the demand stoked by a... ...

What are pending sales?

These so-called pending sales are an indicator of future closings and are the most current indicator of activity in the market. Buyers out shopping in December were facing a big jump in mortgage interest rates, which may have dampened demand. ...

How do I get a copy of previous months' pending home sales news releases?

Members of the media who need copies of previous months' pending home sales news releases can contact the NAR media communications team at 202-383-7515. Citation guidelines for NAR research and statistics ...

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