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U.S. pending home sales rose in February 2026 due to lower mortgage rates, despite ongoing housing shortages and high costs.
U.S. pending home sales rose 1.8% in February 2026, defying expectations of a decline, driven by lower mortgage rates and improved affordability, according to the National Association of Realtors.
The increase, though modest, signaled a temporary rebound amid ongoing challenges including high borrowing costs, a persistent housing shortage, and geopolitical tensions.
Despite gains in the Midwest, South, and West, year-over-year sales declined 0.8%, and analysts warn that rising oil prices and potential rate hikes could undermine momentum.
Home prices are forecast to rise 1.8% in 2026 and 2.5% in 2027, with mortgage rates expected to average around 6% through 2028.
A critical shortage of homes—estimated at 1 million to 4.7 million—continues to constrain supply, with construction hampered by tariffs, labor shortages, and high costs.
Las ventas de viviendas pendientes en Estados Unidos aumentaron en febrero de 2026 debido a tasas hipotecarias más bajas, a pesar de la escasez de vivienda en curso y los altos costos.