According to the National Association of Realtors, pending home sales fell 4.4% in April from the prior month. Economists in MarketWatch’s survey had forecast a 1% rise in these contract signings for previously owned homes where the sale has not yet closed.
-
Emerging Trends in Mortgage Lending: Navigating the Landscape with Confidence Explore the emerging trends in mortgage lending, including digital platforms, data-driven decisions, green lending, and regulatory changes, and how they are reshaping the industry.
Estimated reading time: 0 minutes, 22 seconds
April Pending Home Sales Unexpectedly Sink
A monthly gauge of existing home sales has dropped, contrary to economists’ projections, a sign that rising home prices have constrained potential buyers. So reports MarketWatch.
MOST READ STORIES
Fast,Easy & Free
