Existing home sales sank 8.4% last month from December to a seasonally adjusted annual rate of 3.91 million units, the National Association of Realtors said Thursday. That’s the biggest monthly ...
The number of homes under contract dipped down to start the year. Pending homes sales slipped to 0.8% in January.
Thirty-year mortgage rates fell to 6.2% this week, a small drop from 6.277% the previous week, according to U.S. News data. Mortgage rates have declined steadily over the past month.
The National Association of Realtors (NAR) pending home sales index unexpectedly fell in January, dropping -0.8% to 70.9, its lowest level in series history.
Getting your Trinity Audio player ready... By ALEX VEIGA, AP Business Writer Sales of previously occupied U.S. homes fell sharply in January as higher home prices and possibly harsh winter weather ...