Pending Home Sales Rise as Affordable Listings Climb to Highest Level Since 2022

Date:

Pending Home Sales Rise as Affordable Listings Climb to Highest Level Since 2022

A “For Sale” sign in Washington, on May 19, 2025. Madalina Vasiliu/The Epoch Times

Pending home sales rose by 1.6 percent year-over-year during the four weeks that ended on Aug. 27, marking two straight months of increases in pending sales, according to an Aug. 28 report from real estate brokerage Redfin.

Online platform Zillow reported that about 439,000 homes for sale in July were affordable to a household earning the median income—a 20-percent jump from 2024 and the highest total since August 2022.

spot_imgspot_imgspot_img

Share post:

More like this
Related

US Dollar Surges After Markets Begin Pricing in Fed Rate Hikes Later This Year

Other central banks have signaled a tighter-for-longer monetary policy...

Fed Moves to Ease Capital Rules for Banks

The move could free up billions for lending, as...

4 Strategies for an Organized Tax Season

Good tax habits can turn a stressful season into...

US Charges Supermicro Cofounder, 2 Workers With Sending Nvidia Chips to China

The U.S. Department of Justice in Washington on Jan....