Pending Home Sales Reach 33-Month High in November

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Source: National Association of REALTORS®
Pending Home Sales Reach 33-Month High in November
Photo: National Association of REALTORS®
TL;DR

Pending home sales in November increased by 3.3% month-over-month and 2.6% year-over-year, marking the strongest market performance in nearly three years, driven by improved housing affordability, lower mortgage rates, and increased inventory, with positive outlooks from real estate professionals.

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