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- The US housing market is showing renewed signs of life as 2024 begins.
- NAR data showed December pending home sales jumped 8.3% from the prior month.
- That beat expectations and marked the biggest jump since June 2020.
The US housing market has been largely frozen for the last two years, but it's starting to show signs of a thaw as sales activity and mortgage applications pick up, and mortgage rates ease.
On Friday, the National Association of Realtors reported pending home sales climbed 8.3% in December from November, hitting 77.3.