Pending home sales declined nearly 8% in April as buyers retreated from the market amid rising interest rates.
U.S. pending home sales in the dropped 7.7% in April compared to March as rising mortgage rates weighed on the market.
Pending home sales in April slid 7.7%, marking the largest decline in three years, according to a report issued by the ...
Pending home sales fell 7.7% in April from March, according to the National Association of Realtors (NAR). There were ...
The numbers: Pending home sales plunged in April as buyers felt the effects of an expensive housing market. With home prices and mortgage rates rising, buyers seem to be pulling back on signing ...
Pending home sales fell by 7.7 percent in April amid rising interest rates, ... The NAR said its pending home sales index fell 7.7% in April to 72.3 from an upwardly revised 78.3 reading in March.
Regional Breakdown of Pending Home Sales In the Northeast, the PHSI fell 3.5% from March to 62.9, a decline of 3.1% from April 2023. The Midwest saw the largest drop, with the index plunging 9.5% ...
Southern California’s housing market was more productive than most of the country this April. The volume of home sales across ...
May 30 (Reuters) - Contract signings for U.S. home purchases fell by the most in three years in April and the overall level of activity was the lowest since the onset of the COVID-19 pandemic in ...
Investing.com -- Inflation will be in the spotlight; earnings season is winding down and oil prices look set to remain volatile. Here’s what you need to know to start your week. US inflation The..