Housing contract activity saw a big jump in March before rate volatility began

From Yahoo Finance.: 2025-04-30 10:52:00

Contract signings for existing homes rose by 6.1% in March, exceeding expectations. The Pending Home Sales Index hit 76.5, down 0.6% from a year earlier. Mortgage rates remained low, between 6.6% and 6.7%, and inventory levels increased. New home sales also surged 7.4% in March, with most activity in the $300,000-$499,999 range.



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