Tag: home

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Why Home Sales Are Falling Against a Strong Economy

Despite mortgage rates dipping below 4%, more jobs filled than ever before, and record-high consumer net worth, existing-home sales turned south in June, running at a pace similar to 2015 levels, the National Association of REALTORS® reported Tuesday. While economic indicators portend a strong housing market, low supply on the lower end—which leaves first-time home…

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Pending Home Sales Fall, Marking the 16th Straight Month of Annual Declines

The numbers: Pending home sales fell a seasonally adjusted 1.5% in April and were 2% lower than a year ago, the National Association of Realtors said Thursday. The consensus Econoday forecast was for a 0.5% increase. What happened: NAR’s index, which tracks home-contract signings, has been volatile, but the trend is solidly downward. April marked the 16th-straight month…

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6 in 10 renters fear they will never afford to own a home

A majority of people renting in the UK say they will never be able to afford a home – although they would like to buy their own place, according to a new YouGov survey on behalf of the HomeOwners Alliance and BLP Insurance Almost 4 in 10 of those renting also say they are stuck in cold, damp properties…