Despite dropping slightly in the last month of 2020, the latest pending home sales registered as the highest ever recorded in the month of December, according to a National Association of Realtors (NAR) report.
The latest Pending Homes Sales Index said December marked the fourth consecutive month of month-over-month declines.
Meanwhile, NAR Chief Economist Lawrence Yun said housing prices show no signs of slowing down. Read on for details.
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