Redfin Reports Pending Home Sales Post Biggest Decline in 3 Months as High Rates, Iran War Chill Market
Rocket Companies, Inc. Class A (RKT)
Company Research
Source: Business Wire
Easter weekend also sidelined many would-be buyers. The Iran war ceasefire announced Tuesday could ease mortgage rates. SEATTLE--(BUSINESS WIRE)--U.S. pending home sales fell 2.4% year over year during the four weeks ending April 5, the biggest decline in three months. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.Sales fell most in Providence, RI (-15.5%), Houston (-15.4%) and New York (-15.3%). They increased most in West Palm Beach, FL (20.9%), San Francisco (16.7%) and San Jose, CA (11.4%).Homes are selling slowly, too: The typical home that went under contract did so in 51 days nationwide, the longest span for this time of year since 2019.Homebuyers are backing off for a few reasons:Rising mortgage rates. The weekly average mortgage rate jumped to 6.46%, the highest level since September.Rising prices. Home-sale prices rose 2.2% annually, the biggest increase in a year. Together with increasing rates, that has pushed the median month
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
- U.S. Homeowners Are Remodeling Instead of RelocatingBusiness Wire
- This Spring’s Housing Market Is Unseasonably Slow As Iran War, High Costs Curb DemandBusiness Wire
- Redfin Reports San Francisco Home Prices Jump Most in 8 Years Amid AI BoomBusiness Wire
- Redfin Reports San Francisco Home Prices Jump Most in 8 Years Amid AI BoomBusiness Wire
- Over One-Third of American Workers Are Delaying or Canceling Major Purchases Due to Job Security ConcernsBusiness Wire
RKT
Earnings
- 2/26/26 - Beat
RKT
Sec Filings
- 4/8/26 - Form 4
- 4/8/26 - Form 4
- 4/8/26 - Form 4
- RKT's page on the SEC website