Weekly Housing Market Monitor: April 12-15, 2021

Market Report provided by NAR

During the past four weeks ending April 11, new pending listings or contracts signed (pending sales) rose 58% from one year ago. New pending listings are outpacing the 26% increase in new listings that came into the market in the past four weeks. The high year-over-year growths are arising from the low level of transactions during March through June last year when the economy was in a lockdown under stay-in-place orders to control the COVID-19 pandemic.