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Pending Home Sales Unchanged in April

The National Association of Realtors is reporting that pending home sales were unchanged (from March) in April, 2023. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) remained at 78.9 in April. However, the NAR says three U.S. regions posted monthly gains while the Northeast decreased. Once again, limited inventory is the prime culprit. Continue reading HERE...

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Existing-Home Sales Up 3.1% in January

The National Association of Realtors is reporting that existing home sales were up 3.1% in January to a seasonally-adjusted annual rate of 4 million (down 1.7% year over year). Total housing inventor

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