From REALTOR® Magazine <[email protected]>
Subject Contract Signings Hit Slowest Pace in Nearly a Decade
Date May 26, 2022 7:48 PM
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Pending home sales fell 3.9% in April, marking the sixth consecutive month of declines

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National Association of REALTORS®
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May 26, 2022


Contract Signings Slow
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NAR’s chief economist attributes the slowdown to the sharp rise in mortgage rates adding to buyers’ borrowing costs.


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Over 10 Years, Homeowners Obtained $240K in Equity   
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Homeowners Would Rather Remodel Than Sell
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These are the projects that are topping homeowners’ to-do lists for this spring and summer.


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As Market Slows, Opening May Emerge for Buyers      
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The latest housing surveys could “offer hope” for home sellers and buyers, says realtor.com®’s senior economist.


Home Prices Soar in Opportunity Zone Redevelopment Areas       
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Median values in about half of opportunity zones are up by more than 16% year-over-year, according to a new report.


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