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From GlobeNewswire: 2025-06-26 10:00:00

Pending home sales in the U.S. saw a 1.8% increase in May from the prior month and a 1.1% increase year-over-year, according to the National Association of Realtors®. All four regions experienced month-over-month increases, with the West seeing the most significant rise. Contract signings rose in the Midwest and South but fell in the Northeast and West. These numbers reflect job gains, rising wages, and mortgage rate fluctuations impacting the housing market. The Northeast is experiencing a housing shortage, leading to higher prices, while the South offers more inventory and negotiation power for buyers.



Read more at GlobeNewswire: NAR Pending Home Sales Report Reveals 1.8% Increase in May