Monday, July 31, 2023

Pending Home Sales Rose 0.3% in June, First Increase in Four Months

Pending Home Sales Rose 0.3% in June, First Increase in Four Months: The presence of multiple offers implies that housing demand is not being satisfied due to lack of supply. Homebuilders are ramping up production and hiring workers.

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New Metric Shows Housing Market Mismatch: More Homes Are for Sale, but Not at Prices Buyers Can Afford

New Metric Shows Housing Market Mismatch: More Homes Are for Sale, but Not at Prices Buyers Can Afford : New Listing-Income Alignment Score ...