US pending home sales jumped in March, beating expectations by a mile
25 April 2024
WashingtonCNN — Home sales based on contract signings unexpectedly jumped in March despite elevated mortgage rates that month. And the latest data from Freddie Mac showed that mortgage rates edged higher this week, reaching a fresh five-month high. Pending home sales — a forward-looking indicator based on contract signings rather than closings — climbed 3.4% in March, […]
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