Hampers Archives

Steep Home-Price Growth Hampers February Pending Sales

Rising home prices and mortgage rates stifled pending home sales in February, according to the National Association of Realtors on Thursday. The Pending Home Sales Index, which is a forward-looking indicator based on contract signings, was 75.6 in February. The maximum score on the scale is 100, which represents the contract activity seen in 2001. [...]read more

Disappointing Economic News Hampers Early Spring Homebuying Activity

April 5, 2024 mpsingh No Comments Real estate activity, Disappointing, early, Economic, Hampers, Homebuying, News, Spring

Rising mortgage rates thwarted the first weeks of the spring market, according to a Redfin housing report published on Thursday. Homesellers pulled back during the four weeks ending March 31, leading new listing growth to experience the smallest annual increase in seven weeks (+8.4 percent). Join the movement at Inman Connect Las Vegas, July 30 [...]read moreDisappointing Economic News Hampers Early Spring Homebuying Activity