U.S. existing home sales fell in March as higher interest rates and house prices sidelined buyers from the market. Home sales dropped 4.3% last month to a seasonally adjusted annual rate of 4.19 million units,

An index of contract signings from the National Association of Realtors climbed 3.4% to highest since February 2023.

More homebuyers signed contracts to purchase homes in March, pushing pending sales to their highest clip in a year. The index for pending home sales, a measure of contract signings on existing homes,

Existing home sales in the U.S. dipped last month. According to the National Association of Realtors, in seasonally adjusted terms the number of existing home sales dropped at a month-on-month pace of 4.3% to reach 4.19m. Economists had penciled-in a decline to 4.2m.

Existing home sales fell 4.3 percent from February to a seasonally adjusted 4.19 million rate, said the National Association of Realtors (NAR). The figure was in line with analyst expectations

Sales of new U.S. single-family homes rebounded in March from February's downwardly revised level, drawing support from a persistent shortage of previously owned houses on the market, but momentum could be curbed by a resurgence in mortgage rates.

U.S. pending home sales rose 3.4% in March from the previous month, the National Association of Realtors said on Thursday.

I’m Caroline Woods reporting from the New York Stock Exchange - here’s what we’re watching on TheStreet today. Wall Street is keeping its eye on the ongoing earnings parade, as analysts digest the latest results from Tesla and Visa after Tuesday’s closing bell.