Pending Home Sales Drop to Lowest Level on Record Aside From Start of Pandemic
Rocket Companies, Inc. Class A (RKT)
Company Research
Source: Business Wire
Redfin reports pending sales fell 6% in December—the largest seasonally adjusted decline since 2022—amid stubbornly high housing costs and economic uncertainty SEATTLE--(BUSINESS WIRE)--U.S. pending home sales declined 5.9% month over month in December to the lowest seasonally adjusted level on record except April 2020, according to a new report from Redfin, the real estate brokerage powered by Rocket. Redfin’s records date back to 2012.December’s decline was the largest since September 2022. On a year-over-year basis, pending sales fell 7.4%.Homebuyers are skittish due to stubbornly high housing costs, layoffs, and mounting economic and political uncertainty. Mortgage rates have come down in recent months but are still above 6%—more than double the all-time low they fell to during the pandemic. Prices are also high. The median home sale price rose 0.5% year over year in December to $428,742—the highest December level on record. While that’s the slowest growth since June 2023, it’s
Show less
Read more
Impact Snapshot
Event Time:
RKT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RKT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RKT alerts
High impacting Rocket Companies, Inc. Class A news events
Weekly update
A roundup of the hottest topics
RKT
News
- A Look At Rocket Companies (RKT) Valuation After US Mortgage Securities Purchase Lifts Sentiment [Yahoo! Finance]Yahoo! Finance
- Aven home equity review: earn 2% cashback while tapping into your home equity [CNBC]CNBC
- Redfin Reveals the 10 Most Popular Homes on Redfin.com in 2025Business Wire
- Monthly Housing Costs Start the Year Down 5%, the Biggest Decline in Over a YearBusiness Wire
- Rocket Companies Stock Is Up 125% as Trump Tackles Housing Affordability [Yahoo! Finance]Yahoo! Finance
RKT
Earnings
- 10/30/25 - Beat
RKT
Sec Filings
- 1/16/26 - Form SCHEDULE
- 1/13/26 - Form 4
- 1/9/26 - Form 4
- RKT's page on the SEC website