Pending Home Sales Grew 1.1% in September

Key Highlights Pending home sales increased in September, up 1.1% from August. Month over month, contract signings increased in the Northeast, Midwest and South but decreased in the West. Pending home sales fell in all four U.S. regions compared to one year ago. " data-src="https://www.nar.realtor/s

Mortgage Rates and Approval Rates in the Last 5 Years

Please note: The Tableau data visualization embeds in this post are best viewed on a laptop or desktop computer. Mortgage Interest Rates Between 2018 and 2022, most applicants (5,530,386) received a mortgage rate below 3%. However, the average U.S. rate between those years was 4.22%, and only 3,858,

September 2023 Existing-Home Sales Fall to Lowest Level Since October 2010

NAR released a summary of existing-home sales data showing that housing market activity this September declined 2.0% from August 2023. September's existing-home sales reached a 3.96 million seasonally adjusted annual rate. September's sales of existing homes weakened 15.4% from September 2022. " dat