US housing market shows early signs of recovery as demand rises

US housing market shows early signs of recovery as demand rises

US housing market shows early signs of recovery as demand rises Pending home sales increased for the first time in more than a year The housing market is showing early signs of recovery with pending sales of U.S. homes climbing for the first time in a year, according to new data from Redfin. Pending home sales rose 3% in December, the first month-over-month increase since October 2021, Redfin said in a report Wednesday. There are other indicators that demand is …