Housing contract activity slowed down in December, suggesting higher mortgage rates are giving some buyers pause. The Pending Home Sales Index, which tracks contract signings on existing homes ...
Here are the main takeaways from the National Association of Realtors' report released Thursday: --The pending home sales index ... haven't significantly dented housing demand, due to greater ...
Contract signings fell 5.5% to 74.2 in December, according to a National Association of Realtors index released Thursday ... where elevated mortgage rates have appreciably cut affordability,” Lawrence ...
according to the National Association of REALTORS ® (NAR) Housing Affordability Index. As of September 2024, that figure has climbed to 23.7% — but NAR doesn’t factor in home insurance ...
Sales of previously owned homes, which make up the vast majority of the market, totaled 4.06 million in 2024, the National Association of Realtors ... issue for housing affordability is a ...
According to the National Association of Realtors Housing Affordability Index, affordability has declined since the spike in September, dropping to 99 in November 2024 from 104.9 in September 2024.
Home prices across the country are still rising at a faster clip than overall inflation, causing sticker shock for house hunters.
The National Association of Realtors in an emailed statement said it applauds President Trump for bringing attention to the housing affordability ... producer price index),” David Sampson ...
NAR’s Pending Home Sales Index (PHSI)–a forward ... rates have not significantly dented housing demand due to greater numbers of cash transactions.” First American Deputy Chief Economist Odeta Kushi ...