April’s plunge in pending home sales could mark the bottom, NAR says

May 28, 2020 |

Pending home sales in April plummeted a record 21.8% as COVID-19 kept buyers at home. However, April will likely mark the bottom of the slump induced by the pandemic, the National Association of Realtors said in a Thursday report. The seasonally adjusted index measuring signed contracts fell as COVID-19 disrupted dealmaking, according to Lawrence Yun, […more]

Posted in: San Francisco

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