The Pending Home Sales Index (PHSI), which tracks contract signings as a measure of future home sales, fell 5.5 percent to 74.2 in December, according to data released Thursday by the National Association of Realtors.
Source: Inman News
Pending home sales decline 5.5% following months of growth
Published in chief economist Lawrence Yun, December 2024 pending home sales, home sales, Homebuyer Market Retreat, inman, lawrence yun, Markets & Economy, midwest, mortgage rates, NAR, NAR chief economist Lawrence Yun, nar pending home sales index, nashville, national association of realtors, northeast, pending home sales, pending home sales index, Richelle Hammiel, Select, south and west
More from chief economist Lawrence YunMore posts in chief economist Lawrence Yun »
- Existing-home sales slip again in April even as inventory improves
- Pending home sales jump as buyers eye lower mortgage rates
- Existing-home sales rebounded in February amid inventory uptick
- Pending home sales fall 4.6% to an all-time low, NAR says
- September existing-home sales fall, but inventory offers hope
More from home salesMore posts in home sales »
- August existing-home sales may have been lowest in a decade
- New-home sales spiked in August to highest rate since 2022
- Should they stay or go (down) now? Forecasters are split on where mortgage rates will be in 2026
- ‘Not a shift, a transition,’ 2 reports say of homebuying market
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
More from inmanMore posts in inman »
More from lawrence yunMore posts in lawrence yun »
- Is fall the new spring? Market winds may be shifting, NAR says
- August existing-home sales may have been lowest in a decade
- New sales numbers are out. These 9 charts show what’s happening where you live
- NAR sees existing-home sales rise ‘ever so slightly’ in July
- Home prices tick up to new record-high amid signs of softening in more markets
More from Markets & EconomyMore posts in Markets & Economy »
More from midwestMore posts in midwest »
- Is fall the new spring? Market winds may be shifting, NAR says
- August existing-home sales may have been lowest in a decade
- When it comes to condo vs. townhome value, location matters
- 10 hot strategies to help sell your listings this fall
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
More from mortgage ratesMore posts in mortgage rates »
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Is fall the new spring? Market winds may be shifting, NAR says
- How a government shutdown would affect real estate agents
- August existing-home sales may have been lowest in a decade
- New-home sales spiked in August to highest rate since 2022
More from NARMore posts in NAR »
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Here’s the essential reading on the Compass-Anywhere deal
- Is fall the new spring? Market winds may be shifting, NAR says
- Where the industry stands on the Compass-Anywhere deal: Top 5
- No filter: Your personal opinions on social media can get you fired
More from NAR chief economist Lawrence YunMore posts in NAR chief economist Lawrence Yun »
- Is fall the new spring? Market winds may be shifting, NAR says
- Inventory’s up, but buyers aren’t biting as June sales slide again
- Foreign buyer property purchases in the US rose 33% from last year
- Cash prevails as king when it comes to luxury
- Home prices kept rising in Q1 but fewer cities saw double-digit gains
More from nar pending home sales indexMore posts in nar pending home sales index »
More from nashvilleMore posts in nashville »
- This real estate agent faked it ’til she made it. Social media paved the way
- Here are the markets where homebuyers have the upper hand
- HGTV who? TikTok, not reality TV, took this broker’s business to another level
- It’s a higher-for-longer world, and we’re just living in it: Economist
- Waning buyer activity pushes home price growth to 2-year low
More from national association of realtorsMore posts in national association of realtors »
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Here’s the essential reading on the Compass-Anywhere deal
- Is fall the new spring? Market winds may be shifting, NAR says
- Where the industry stands on the Compass-Anywhere deal: Top 5
- No filter: Your personal opinions on social media can get you fired
More from northeastMore posts in northeast »
- Is fall the new spring? Market winds may be shifting, NAR says
- August existing-home sales may have been lowest in a decade
- When it comes to condo vs. townhome value, location matters
- These 10 real estate markets have lost $233B in value since 2024
- Homebuyers take a breather as mortgage rates continue to fall
More from pending home salesMore posts in pending home sales »
- Here are the markets where homebuyers have the upper hand
- ICYMI, all the latest on Trump, the Fed, mortgage rates and more
- New sales numbers are out. These 9 charts show what’s happening where you live
- These 6 maps capture a real estate market in turmoil
- Summer sales have hit their slowest pace in 10 years
More from pending home sales indexMore posts in pending home sales index »
- Pending home sales tank 6.3% in April as mortgage rates stay high
- Pending home sales fall 4.6% to an all-time low, NAR says
- Pending home sales fall by 2.1% in May as buyer demand softens
- Pending home sales tally modest uptick amid rise in jobs, inventory
- Pending home sales stagnate in November despite rate relief
More from Richelle HammielMore posts in Richelle Hammiel »
- Opendoor reaches $39M settlement in pricing algorithm suit
- Frank Lloyd Wright’s prairie-style DeRhodes House lists near $1.18M
- Investors contemplate options amid market shift: The Download
- Despite market shift toward buyers, they’re still backing away
- Opendoor hit with Nasdaq notice, skids closer to delisting zone
More from SelectMore posts in Select »
- What real estate agents can learn from TikTok, Tylenol and Disney
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Former agent convicted of swindling woman out of her home
- Is fall the new spring? Market winds may be shifting, NAR says
- I’ve studied real estate marketing for 31 years. Here are 7 essentials for effective marketing campaigns
More from southMore posts in south »
- August existing-home sales may have been lowest in a decade
- These 10 real estate markets have lost $233B in value since 2024
- New sales numbers are out. These 9 charts show what’s happening where you live
- A bitter pill: More US consumers swallow higher rates, eye homes
- Home prices tick up to new record-high amid signs of softening in more markets
More from westMore posts in west »
- August existing-home sales may have been lowest in a decade
- New-home sales spiked in August to highest rate since 2022
- When it comes to condo vs. townhome value, location matters
- Outflank the competition with new data tools: The Download
- Home prices tick up to new record-high amid signs of softening in more markets
Be First to Comment