logo
芝加哥 icon
icon 芝加哥 icon
新闻与资讯
Pending home sales rose 8.1 per cent in January
Pending home sales rose 8.1 per cent in January 芝加哥
By   Internet
  • 都市报
  • Home sales
  • American housing
  • American housing
Abstract: Pending home sales in the US rose 8.1 per cent in January, with sales rising for the second month in a row, according to a monthly index released on Monday by the National Association of Realtors.

The last time pending home sales rose that much, driven by pandemic buying, was in June 2020.

 

Pending home sales beat analysts' estimates. Analysts surveyed by the Wall Street Journal had expected the pending home sales index to rise 0.9%.

 

Pending home sales are deals where existing homes are under contract but not closed.

 

Economists see it as an indicator of the direction of existing home sales in the months ahead.

 

But a rebound in mortgage rates and a decline in mortgage applications point to weak home sales in the coming weeks.

 

Key detail: Transactions were down 24.1 percent compared with the same period last year.

 

On a monthly basis, pending sales rose in all four regions, led by a 10.1 percent increase in the West in January. The NAR attributed the increase to falling home prices.

 

However, pending home sales in the West also saw their biggest drop since January last year, falling 29.3 percent.

 

As of Monday morning, the average rate on a 30-year fixed-rate Mortgage was 6.88 percent, according to Mortgage News Daily.

 

The NAR expects existing home sales to fall 11.1% to 4.47 million units in 2023. They expect home sales to improve only in 2024, when sales will rise 17.7 percent to 5.26 million.

 

The trade group also expects new home sales to fall 3.7 percent in 2023, before surging 19.4 percent in 2024.

 

The big picture: Falling mortgage rates have spurred eager buyers into action, driving up sales.

 

But the strength of the U.S. economy is helping push mortgage rates up again, and buyers who didn't take action are back in their seats.

 

The NAR said slowing demand would eventually hit home prices. The group expects existing home prices nationwide to fall 1.6 percent to $380,100 by 2023.

留言
icon
请输入您的国籍
+87
不能为空
电子邮件地址无效 电子邮件地址未验证!
icon
欢迎访问 House.com
登录或注册以充分利用您的体验。这也将增加您与经纪人交流的机会。
请输入有效的电子邮件地址。
继续使用 Google
提交即表示我接受House.com的   使用条款
icon icon
验证您的电子邮件
你好 我们刚刚将验证码发送到您的电子邮件中。请检查并在此处输入验证码以继续登录。
验证码错误
没有收到电子邮件?请检查您的垃圾邮件文件夹
icon
banner
Pending home sales rose 8.1 per cent in January
icon 复制链接
icon WhatsApp
icon Facebook
icon Twitter