Multiple Offers May Ease With Uptick in Listings
RIS Media
MARCH 9, 2022
Pent-up demand led to big month-over-month gains in pending sales and more shrinkage in overall supply. No surprise,” he continued, “the result was a 31% increase in pending home sales month-over-month, as well.”. Closed sales also reflected 2022’s slower start compared to a year ago. A year ago, the average rate was 2.81%.
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