According to the National Association of Realtors, pending home sales fell 4.4% in April from the prior month. Economists in MarketWatch’s survey had forecast a 1% rise in these contract signings for previously owned homes where the sale has not yet closed.
-
Emerging Trends in Commercial Lending: Navigating Opportunities and Challenges Explore the emerging trends in commercial lending, focusing on challenges and opportunities in the mortgage industry. Learn about flexible financing, technology integration, and regulatory adaptations.
Estimated reading time: 0 minutes, 22 seconds
April Pending Home Sales Unexpectedly Sink
A monthly gauge of existing home sales has dropped, contrary to economists’ projections, a sign that rising home prices have constrained potential buyers. So reports MarketWatch.
MOST READ STORIES
Fast,Easy & Free
