Pending home sales drop sharply in December as mortgage rates surge back over 7%
Published Thu, Jan 30 202510:56 AM ESTUpdated Thu, Jan 30 202512:42 PM EST
By: Diana Olick
watch nowVIDEO00:49Pending home sales fell 5.5% in December, missing estimates
Signed contracts on existing homes dropped a sharp 5.5% in December from the previous month and fell 5% from the prior year, according to the National Association of Realtors.
The drop followed four straight months of gains and the index was at its lowest level since August.
Visit my website at: https://www.anastasiakaufman.com/
Here’s my Facebook Account: https://www.facebook.com/AnastasiaRealtor/
Anastasia Kaufman, GRI,ABR,SFR,CDPE,SRS
Cell: 401-338-2749
Email: Anastasia@anastasiakaufman.com
Categories
Recent Posts
🎉🎉🎉UNDER CONTRACT: 125 Old Mendon Road, Cumberland, RI 02864
The 5-Mile Hamptons Street Driving Hundreds of Millions in Home Sales
What Elon Musk Bought and Sold During His Quest to ‘Own No House’
Zillow continues turning on the lights: Introducing Zillow Preview
Home sales surged in May to the highest level since December
🎉🎉🎉UNDER CONTRACT: 7 Eagle Drive, Dartmouth, MA 02748
🎉🎉🎉UNDER CONTRACT: 110 Fisher Street, Millville, MA 01529
🏡🏡🏡JUST LISTED and OPEN HOUSE: Saturday, June 6, 2026 | 11AM to 12:30 PM, Sunday, June 7, 2026 | 11 AM to 12:30 PM
The Most Expensive Home in Boca Raton Fetches $75 Million
Homeowners insurance premiums have soared in recent years. How to reduce your costs