Redfin Reports Rising Home Prices, Economic Volatility Curb Would-Be Buyers' Appetites in Leadup to Thanksgiving
SEATTLE--(BUSINESS WIRE)--U.S. pending home sales declined 2.1% year over year during the four weeks ending November 23, the biggest decline in eight months, according to the latest data from Redfin, the real estate brokerage powered by Rocket. Redfin's analysis is condensed this week due to the Thanksgiving holiday. Leading indicators Indicators of homebuying demand and activity Value (if applicable) Recent change Year- over-year change Source Daily average 30-year fixed mortgage rate 6.2% (N. ...