June pending home sales -2.8% year-over-year
CNBC Televisionยท2025-07-30 15:24
Housing Market Trends - Pending home sales in June decreased by 0.8% compared to May and 2.8% year-over-year [1] - The decrease aligns with market expectations [1] - Increased active listings by nearly 29%, but some homes are sitting unsold [2] - New listings experienced a pullback in June [2] Regional Sales - Sales declined in all regions except the Northeast [3] - Home price growth has been strongest in the Northeast [3] Mortgage Applications - Mortgage applications to buy a home dropped last week and are down 5% over the past four weeks [3]