U.S. Pending Home Sales Rise 1.6% in February, Realtors Express Concerns
Thursday, 28 March 2024, 14:03
U.S. Pending Home Sales Rise
According to the National Association of Realtors, U.S. pending home sales grew by 1.6% in February, indicating a positive market trend.
Realtors Express Concerns
Realtors are worried about the fast-paced increase in home prices outstripping income growth.
Positive Trend Amid Challenges
The surge in pending sales highlights ongoing interest in the housing market but underscores the affordability hurdle for potential buyers.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.