
October Pending Home Sales Increase 1.9%
NAR said pending sales rose monthly in the Northeast, Midwest and South and fell in the West. Year-over-year gains appeared only in the Midwest and South.
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National Price Growth Holds Steady
Home prices across the U.S. climbed 2.2% year over year, FHFA reports. Many states and metros saw gains, while quarterly growth was modest and September was flat.
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Lowest Mortgage Rates Since 10/28 And Very Close to 3-Year Lows
Both the FHFA and the S&P/Cotality Case-Shiller home-price indices released new data this week. The message remains consistent: home prices are still higher than a year ago, but the pace of appreciation continues to slow. FHFA’s national index shows prices up 1.7% year-over-year and flat 0.0% mo
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NAR Releases FAQs on MLS Changes
NAR’s new FAQs explain how local MLSs can apply the 18 handbook updates. In Florida, non-members have long had MLS access.
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