In a promising turn of events for the real estate market, December brought a significant uptick in pending home sales both nationwide and specifically in the Triangle region. According to the latest National Association of REALTORS (NAR) data, nationwide pending home sales saw an 8.3% increase, marking the most substantial jump since June 2020's 14.9% surge.[1] However, the Triangle region outshone the national average with an impressive 29.2% rise in pending home sales for the same period.[2] Notably, this growth pales in comparison to the Triangle's exceptional performance in September, October, and November of 2022—nearly double the nationwide surge observed in July of 2020.[2] Whether you're a seller, first-time homebuyer or a seasoned investor, working with a REALTOR who stays informed and prioritizes your best interests is key to a successful real estate transaction. Reach out to Carl Johnson Real Estate at 919-880-0904 to get started today.
Want to stay informed about the latest real estate trends and developments in your area? Continue reading our blog HERE and stay ahead of the game. [1] Pending Home Sales Climbed 8.3% in December [2] All data provided by Triangle Multiple Services, Inc.
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