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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Mortgage Rates Ease Slightly, But Are Buyers Waiting for More?

Mortgage Rates Ease Slightly, But Are Buyers Waiting for More? : Mortgage rates are at the lowest level in two months, but home buyers appea...