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Pending Home Sales Index Posts Second Best Month Since April 2010
After 3 consecutive months of growth, the housing market appears to have eased a bit in December. According to the National Association of REALTORS®, December’s Pending Home Sales Index slipped 4...
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Pending Home Sales Slip In May
The housing market took a breather in April. After forging past its benchmark value of 100 in March, April’s Pending Home Sales Index dropped back to 95.5, its lowest reading of the year. The data...
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Pending Home Sales Index Falls Just Short Of 100
Home sales appear headed for a mid-summer breather. One month after posting a multi-year high, the Pending Home Sales Index retreated to 99.3 in June — a strong reading in its own right. A “pending...
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Pending Home Sales Index Makes New High For 2012
In July, the third time this year, the Pending Home Sales Index crossed its benchmark value of 100, moving to 101.7. A “pending home sale” is a home under contract to sell, but not yet sold. Data for...
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Pending Home Sales Index Continues To Show Strength
Nationwide, homes continue to sell briskly. According to the National Association of REALTORS®, the Pending Home Sales Index read 99.2 for August — the fourth straight month in which the index hovered...
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Pending Home Sales Index Suggests Housing Momentum Into 2013
The home resales is expected to finish the year with strength. Last month, for the fifth straight month, the Pending Home Sales Index hovered near its benchmark value of 100, registering 99.5 in...
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Pending Home Sales Index Leaps To Multi-Year High
Homes were sold at a furious pace last month. According the National Association of REALTORS® (NAR), the Pending Home Sales Index rose 5.2 percent in October, crossing the benchmark 100 reading, and...
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Pending Home Sales Post 20th Consecutive Month Of Annual Gains
The National Association of REALTORS® (NAR) reports that the Pending Home Sales Index fell 4.3 percent in December as compared to the month prior. The index now reads 101.7. The Pending Home Sales...
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