Surge in U.S. Pending Home Sales Marks Highest Increase Since March

U.S. pending home sales experienced a notable uptick recently, reaching their highest level since March 2023. This rise in market activity signals a potential rebound in the housing sector, much to the anticipation of economists and potential homebuyers alike. According to the National Association of Realtors (NAR), pending home sales rose by 14% in October, showcasing a remarkable shift in the market's dynamics.

Continue reading