How Many U.S. Regions Reported YoY Declines of Pending Home Sales?

October 26, 2023 Kyle G. Horst

"Because of homebuilders' ability to create more inventory, new-home sales could be higher this year despite increasing mortgage rates. This underscores the importance of increased inventory in helping to get the overall housing market moving," said Lawrence Yun, NAR’s Chief Economist.

Previous Article
New Listings Up, But Homebuyer Budgets Hampered by Rising Home Prices

According to a new Redfin report, new listings posted their first annual increase since July 2022, offering...

Next Article
How Many U.S. Regions Reported YoY Declines of Pending Home Sales?

"Because of homebuilders' ability to create more inventory, new-home sales could be higher this year despit...