Pending Home Sales Rise In August As Rates Drop
✉️ Want to forward this article? Click here.
As mortgage rates fell, pending home sales rose in August.
The National Association of Realtors (NAR) announced Monday that home contract signings rose 4% compared to July, and were up a similar percentage year-over-year.
story continues below
loading...story continues above
"August’s REALTORS® Confidence Index survey shows that 19% of NAR members expect an increase in buyer traffic over the next three months, up from 16% last month and unchanged from one year ago," the NAR said in a release. "Meanwhile, 19% expect an increase in seller traffic, down from 21% last month and up from 18% in August 2024."
Photo by Derek & Vee.
See other articles related to: pending home sales
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/pending-home-sales-rise-in-august-as-rates-drop/23914.
Most Popular... This Week • Last 30 Days • Ever

When you buy a home in the District, you will have to pay property taxes along with y... read »

The developer wants to transform the 1960s motor lodge into "Union Market Cabanas" �... read »

The final phases of one of Northeast DC's largest developments are going to need a li... read »

A Columbia Heights lot that has sat empty for more than a decade could soon be home t... read »

Slow the Fast down; the slow Red Line summer; and why vintage IKEA is so hot.... read »
- First-Timer Primer: Tax Relief for DC Homeowners
- From Motel 6 to "Union Market Cabanas": Interim Plans Filed for Union Market Site
- Restaurants, Recreation Venue in the Works as Art Place Seeks More Time for Final Phases
- 30-Unit Building Proposed For Long-Vacant Columbia Heights Lot
- Thursday's Must Reads
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro









