Tuesday, October 8, 2024

Pending Home Sales Edged Up 0.6% in August

Pending Home Sales Edged Up 0.6% in August: A slight upward turn reflects a modest improvement in housing affordability, primarily because mortgage rates descended to 6.5% in August.
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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 ...