Pending home sales drop to the lowest level on record in January
Pending sales, which are based on signed contracts for existing homes, dropped 4.6% from December to the lowest level since the National Association of Realtors began tracking this metric in 2001. Sales were down 5.2% from January 2024. These sales are an indicator of future closings.
The National Association of Realtors' pending home sales data fell 4.6% in January to an all-time low as prospective ...
Data from Altos Reseach shows elevated interest rates impeding the early homebuying season. Will they lower in time for a ...
Mortgage rates eased for a sixth week in a row, to 6.76%. That’s the lowest level of 2025, but it’s still more than half a ...
Pending home sales in the US slid to an all-time low in January as high mortgage rates, record-high home prices, and possibly the terrible weather last month hindered those seeking to buy.
Pending home sales fell 4.6 percent from the previous month in January, according to a monthly report from the National Association of Realtors. Activity also declined 5.2 percent annually in the ...
National Association of REALTORS Report Jan Pending Home Sales Decline 4.6% Month-Over-Month, Year-Over-Year Sees Decline of ...
Tariff and layoff worries are leading some to reconsider pending deals, but a surplus of existing homes now has other buyers ...
Cold weather may have made matters worse last month, but high prices and mortgage rates are also factors hitting demand.
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