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Yahoo Finance

Housing contract activity, thanks to more inventory, rises for fourth straight month

Yahoo Finance
Summary
Nutrition label

87% Informative

Pending Home Sales Index rose 2.2% from October to 79 , its highest reading since February 2023 .

It’s the fourth straight month of gains for the housing market.

Pending home sales are up 6.9% compared to November 2023 , the NAR says.

The South saw the largest month -over-month increase in contract activity.

VR Score

94

Informative language

95

Neutral language

89

Article tone

formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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no affiliate links