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The mission of the REACH UK program is to accelerate the adoption of the most promising new technology across the real estate ecosystem and its ancillary industries, including finance, banking and insurance.
July 2022’s very modest decline in pending home sales reflects the recent retreat in mortgage rates.
July 2022 existing-home sales were down 5.9% from June and 20.2% from one year ago, with all four major U.S. regions recording month-over-month and year-over-year declines.
Housing affordability significantly declined as the monthly mortgage payment on a typical existing single-family home with a 20% down payment skyrocketed by nearly a third from the first quarter of this year and by half from one year ago.