Transactions that do go through are typically seeing multiple offers, NAR Chief Economist Lawrence Yun said.
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Category: Ksenia Potapov
New-home sales surge in May
Demand for newly built homes has remained strong as high interest rates keep many would-be sellers of existing homes off the market.
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Single-family home starts jump in May
The larger-than-expected increase comes as homebuilder sentiment rose for the sixth month in a row.
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Optimism for spring selling season grows with third monthly rise in pending sales
The National Association of REALTORS® Pending Home Sales Index rose for the third month in a row, suggesting the housing market’s contraction could be “coming to an end.”
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