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Housing contract activity sinks to all-time low in January amid high rates, cold weather

Yahoo Finance
Summary
Nutrition label

83% Informative

The National Association of Realtors' Pending Home Sales Index dropped 4.6% in January from a month earlier .

The decline was steepest in the South , where activity sunk 9.2% from January 2024 .

Compared with a year earlier , contract activity declined 5.2% , month -over-month in all regions.

VR Score

91

Informative language

95

Neutral language

47

Article tone

formal

Language

English

Language complexity

42

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

no affiliate links