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Home›Real Estate›Residential›Pending home sales rise to highest level in six weeks

Pending home sales rise to highest level in six weeks

Pending home sales increased 1.3% week over week in the four weeks ending July 5, reaching the highest level since the first half of May.

Reported · Written up by our desk · Residential

Pending home sales rose 1.3% from a week earlier to the highest level since the first half of May, according to Redfin News for the four weeks ending July 5.

Redfin News said the improvement came as housing payments temporarily dipped and homebuying demand picked up, helped by temporarily declining mortgage rates.

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Sources

Redfin NewsU.S. Pending Home Sales Rise to Highest Level in 6 Weeks

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