Pending home sales rose by 1.6 percent year-over-year during the four weeks that ended on Aug. 27, marking two straight months of increases in pending sales, according to an Aug. 28 report from real estate brokerage Redfin.
Online platform Zillow reported that about 439,000 homes for sale in July were affordable to a household earning the median income—a 20-percent jump from 2024 and the highest total since August 2022.
