Reported about 14 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