The number of homes that went under contract within two weeks rose 2% from March. While that jump may seem small, it’s notable because the share of homes selling in two weeks typically falls in April after peaking in March.
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Mortgage-Purchase Applications Up 3%
A sign of future activity, mortgage-purchase applications are up, although pending home sales are down 20% year-over-year.
Read More »Average Rent Surpasses $2,000
Rent gains in November fell for the sixth straight month. Click through to learn what the latest data reveals.
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