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Pending home sales jumped sharply in the US in February

Pending home sales in the United States rebounded sharply in February to their highest level in nearly a year and second highest level in over a decade, the latest index shows. The pending home sales index from the National Association of Realtors (NAR) shows that all major regions saw a notable hike in contract activity […] The post Pending home sales jumped sharply in the US in February appeared first on PropertyWire . Continue reading

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Weakening affordability and lack of supply sees home sales fall in the US

After starting the year at the fastest pace in almost a decade, existing home sales in the United States fell in February but remained above year ago levels both nationally and in all major regions. Total existing home sales fell by 3.7% to a seasonally adjusted annual rate of 5.48 million in February from 5.69 […] The post Weakening affordability and lack of supply sees home sales fall in the US appeared first on PropertyWire . Continue reading

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Sales and prices up in Canada, latest index data shows

Nationally home sales in Canada increased by 5.2% month on month in February but actual, not seasonally adjusted, activity was down 2.6% from a year earlier, the latest index data shows. Average prices were up 3.5% from January’s gain reflecting an acceleration in home price increases, particularly for single family homes in and around Toronto, […] The post Sales and prices up in Canada, latest index data shows appeared first on PropertyWire . Continue reading

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