Pending home sales dropped sharply in December as mortgage rates climbed. The average rate on the 30-year fixed mortgage went from a low of 6.68% on Dec. 6 to a high of 7.14% on Dec. 19.

Pending sales, which are based on signed contracts for existing homes, dropped 4.6% from December to the lowest level since ...

Drop in pending home sales could foreshadow slow spring housing market It’s the latest leading indicator that the housing market could be even slower in 2025 March 27, 2025, 12:27pm by Jeff Andrews ...

Pending sales of previously owned US homes last month fell by the most since September 2022, illustrating a disappointing spring selling season as prospective buyers balk at high asking prices and ...

U.S. median home-sale price reaches a record $400,125 amid declining mortgage rates   Buyer demand remains resilient despite ...

The post Supply of Homes for Sale Hits a Post-Pandemic High in April—but Pending Sales Drop as Buyers Grapple With Economic Uncertainty appeared first on Real Estate News & Insights | realtor.com®.

Pending home sales dropped sharply in December as mortgage rates climbed. The average rate on the 30-year fixed mortgage went from a low of 6.68% on Dec. 6 to a high of 7.14% on Dec. 19. Pending ...

Pending sales dropped 4.6% from December to the lowest level since the National Association of Realtors began tracking this metric in 2001. While weather may have been a factor, sales rose month ...

Pending home sales dropped sharply in December as mortgage rates climbed. The average rate on the 30-year fixed mortgage went from a low of 6.68% on Dec. 6 to a high of 7.14% on Dec. 19.