Pending home sales

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August pending home sales +3.8% year-over-year
Youtube· 2025-09-29 15:18
It's been a busy few sessions for housing data and there's more today. Let's get to Diana Ollex. Hey, Diana. >> Hey, Carl.Pending home sales in August rose 4% from July and were 3.8% higher year-over-year. That is a strong beat. The street was looking for flat.This count is based on signed contracts, so it's a forward-looking indicator of closed sales in September and October. Now, mortgage rates in August, when people were out signing these deals, were slightly lower than they were in July, but not as low ...
Home contract signings jumped in August as mortgage rates dropped
Yahoo Finance· 2025-09-29 14:32
Home contract signings rose more than expected in August, a sign that lower mortgage rates may be pushing some buyers and sellers back into the market. The Pending Home Sales Index rose 4% in August from a month earlier to 74.7, according to National Association of Realtors data released Monday. Economists expected a much more modest 0.4% gain. A level of 100 is equal to contract activity in 2001. Read more: Is now a good time to buy a house? Contract signings are up 3.8% from a year ago. Month over mo ...