Existing home sales fell 4.3% in March

NAR recently released data showing that March's pending home sales rose 3.4% from last month and increased modestly (0.1%) from a year ago. #NARPHS www.nar.realtor/blogs/economists-outlook/blogs/economists-outlook/latest-pending-home-sales-data-graphs

Pending home sales posted a bigger-than-expected increase in March, as buyer demand held relatively steady in the face of the 30-year mortgage rate inching toward 7%. #NARPHS www.marketwatch.com/story/pending-home-sales-see-unexpected-jump-in-march-despite-rising-mortgage-rates-cb4eaecc#:~:text=The%20numbers%3A%20Pending%20home%20sales%20posted%20a%20bigger-than-expected,released%20Thursday%20by%20the%20National%20Association%20of%20Realtors.

The average home price was up 2% in March 2024 compared to the same time last year 👇 #CREAstats pic.twitter.com/wxYLSFhWEm

National home sales increased by 1.7% year-over-year in March 2024 🏡 #CREAstats pic.twitter.com/vNwZ2hKYfu