Pending home sales rose 0.7 percent from June to July, reversing seven months of declines. However, rising rates and home prices are poised to stifle sales growth into the fall, Redfin said.
Category: home price growth
Price growth slowdown continued in December as mortgage rates peaked
Home price growth fell 0.4 percent between November and December, while year-over-year single-family price growth dropped to 6.9 percent, according to new data released Tuesday by CoreLogic.