by Housing demand is beginning to present indicators of restoration, with pending gross sales of US houses rising for the primary time in additional than a 12 months, in accordance to new information from Redfin Corp.Â
Pending gross sales climbed 2.9% in December on a seasonally adjusted foundation, the primary month-over-month enhance since October 2021, Redfin mentioned in a report Wednesday. Other measures of demand, together with information on the brokerage’s prospects requesting dwelling excursions and other people contacting the corporate’s brokers, are up from November.Â
