Reported about 9 hours ago
In March, home contract signings surged more than expected as mortgage rates reached their lowest levels of the year, with the Pending Home Sales Index rising 6.1% from February. However, while activity increased in most regions, the Northeast saw a slight decline. The uptick in sales aligns with a rise in new construction sales, suggesting a potentially active housing market, although concerns over mortgage rates and economic conditions remain.
Source: YAHOO