Pending Home Sales Fall in June Due to ‘Fewer Listings’
Home buyers signed fewer contracts to buy existing homes in June, despite renewed optimism in the overall housing recovery.
Lack of Distressed Supply Continues to Hit Home Sales
The unexpected drop in signed contracts to buy existing homes in April should have come as no surprise. It is all about price point, supply, and where the action is/has been.
Home Sales Contracts Rise 4.1% in March
More buyers signed contracts to buy existing homes in March than the previous month, according to a new report, prompting one expert to say, “The housing market has clearly turned the corner.”