Pending Home Sales Slipped In December
Pending sales reversed a four-month upward swing in December, falling across the country as Americans headed toward 2025. NAR’s Pending Home Sales Index decreased 5.5% from November to a reading of 74.2. An index of 100 equals the level of contract activity in 2001 when NAR began tracking this data. Year-over-year, sales were down 5%….