• Rocket published Redfin analysis showing US pending home sales rose 7.7% year over year to 340,101 in four weeks ended May 3, highest level since September 2022 on a seasonally adjusted basis.
• Pickup in demand coincided with lower housing costs, with median monthly mortgage payment down 2.2% year over year to $2,606 at a 6.3% mortgage rate.
• Supply improved, with active listings up 0.9% year over year to 1.48 million, near highest level in at least five years.
• Market remained less competitive than prior springs, with median days on market rising to 43, share of homes sold above list price at 26.4%, average sale-to-list ratio at 98.7%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rocket Companies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202605070800BIZWIRE_USPR_____20260507_BW995298) on May 07, 2026, and is solely responsible for the information contained therein.