Pending sales of US existing homes rose in August to the highest level in five months, as falling mortgage rates gave a much-needed lift to the sluggish housing market. An index of contract signings ...

Pending sales were at the highest level since March and 2.6% higher than September of last year. The average rate on the 30-year fixed mortgage was coming down all through August and touched its most ...

After a very disappointing first quarter with home sales failing to climb over 2024’s already anemic levels, signs are finally emerging in March that we’ve turned the corner to have some growth. This ...

Recent data hasn’t provided much optimism about the direction of the housing market, but one report suggests better conditions are on the way. The March reading of the Pending Home Sales Index (PHSI) ...

The National Association of Realtors (NAR) pending home sales index jumped to its highest level in five months, coming in at 74.7 in August. The index for the most recent month is currently 42% below ...