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The Pending Home Sales Index (PHS), based on signed contracts for existing homes, rose 1.8% last month from April.
For the first time in years, buyers have ample resale and new home inventory to choose from. Builders are scrambling to adjust.
The latest sign of trouble in the U.S. housing market: a pickup in home purchase agreements falling through before they're finalized.
A separate analysis of housing data by Redfin found that 14.6% of all pending sales in May fell out of contract, up from 14% ...
Two months ago, existing home sales reached the highest levels in a year according to the National Association of Realtors.
New home sales fell 13.7% in May, showing that the housing market is in a freeze. Redfin said this month that unsold ...
Homebuyers in 2025 are finally getting some good news. Active housing inventory is returning to the levels we experienced ...
Existing home sales rose 0.8% in May but remained near historical lows, according to the National Association of Realtors ...
Sales of existing homes in the United States were tepid in May, according to industry data released Monday, as high mortgage ...
Despite persistent headwinds, existing home sales are set to increase by 6% this year and 11% next year, while new home sales are expected to increase by 10% in 2025 and 5% next year, according to ...
The share of existing-home sales that were canceled in the three months through April rose to 7%, the highest since January 2024 , Yun said last week on a call with reporters.
Existing-home sales are hovering around 4 million and many markets that are typically fruitful for homebuilders have stalled. In its midyear housing market report, ...
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