While Pending Sales Plateau Nationwide, Boston Sees Uptick
Pending home sales plateaued for the first time since January but in Greater Boston, they increased at one of the highest rates in the country.
Pending home sales plateaued for the first time since January but in Greater Boston, they increased at one of the highest rates in the country.
More than two-thirds of those surveyed have gotten to know their neighbors better during the pandemic. Almost that many have made an effort to be more friendly than usual.
Greater Boston’s residential real estate market is showing initial signs it could be coming back to life, with new listings up on a week-over-week basis for the second week in a row.
Contracts to buy previously owned homes unexpectedly fell in July, the fourth decrease in five months as the housing market continues to struggle with a shortage of properties coming up for sale.
Contracts to buy previously owned U.S. homes fell in November to their lowest level in nearly a year, a sign rising interest rates could be weighing on the housing market, the National Association of Realtors said on Wednesday.
Contracts to buy previously owned U.S. homes surged in July after two straight months of declines as demand rose almost across the board, suggesting the housing market remains on solid ground despite last month’s drop in home resales.
Contracts to buy previously owned U.S. homes rose far less than expected in June, another sign that a lack of inventory is crimping activity despite mortgage rates being at near-record lows.