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US Pending Home Sales Surge in June

Thursday, 1 August 2024 04:04 WIB | Root

Contracts to buy U.S. previously owned homes rebounded sharply in June as an improvement in supply and some moderation in mortgage rates pulled buyers in from the sidelines. The National Association of Realtors (NAR) said on Wednesday its Pending Home Sales Index, based on signed contracts,...

US Pending Home Sales Gauge Slumps to a Four-Year Low on Rates

Friday, 31 May 2024 04:02 WIB | Root

A gauge of pending US existing-home sales tumbled to a four-year low in April as higher mortgage rates cast a pall on the spring selling season. An index of contract signings from the National Association of Realtors dropped 7.7% to 72.3, the lowest reading since the early months of the...

U.S. Pending Home Sales Increase Moderately

Friday, 29 March 2024 04:10 WIB | Root

Pending home sales in the U.S. rose 1.6% in February, spurred by modest inventory increases and job gains, a report on Thursday said. The National Association of Realtors (NAR) Pending Home Sales index rose 1.6% to 75.6 from a revised 74.4 the month prior. Economists expected a 1.5% increase, a...

U.S. Home Prices Rose in June, Amid Inventory Squeeze

Wednesday, 30 August 2023 02:49 WIB | Root

U.S. home prices rose in June, as demand to purchase homes outpaced the supply of for-sale listings. The S&P CoreLogic Case-Shiller 20-city house price index rose 0.9% in June, as compared to the previous month. Nationally, year-over-year in June house prices were down 1.2%. Home prices grew...

US Existing Home Sales Drop, but Prices Up from a Year Earlier

Wednesday, 23 August 2023 03:51 WIB | Root

U.S. existing home sales dropped to a six month-low in July as home owners who are locked into cheap mortgages refrained from selling their properties with the cost of new mortgages for another home at the highest levels in decades. That limited inventory, however, helped drive prices higher on a...