- Pending home sales surged to the highest level in nearly 3 years in November, as improving affordability drew in buyers.
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- Despite the improvements, the typical homebuyer still needs 7 years to save for a down payment, according to Realtor.com.
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- Active listings are now about 12% higher than a year ago but are still about 6% lower than they were pre-pandemic, per Realtor.com.
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