Tag Archive for ‘homebuilding’

Pending Home Sales Decline

The Pending Home Sales Index, a forward-looking indicator based on signed contracts, decreased 5.5 percent in April 2012, from a downwardly revised 101.1 in March.  This decline was preceded by three consecutive months of gains. However, the April PHSI was 14.4 percent higher than in April 2011.    The National Association of Realtors (NAR) reported that although the April PHSI… Read More ›

Existing Home Sales Increase

April 2012 existing home sales increased 3.4 percent from the downwardly revised March level, and are up 10.0 percent from the same period a year ago. The National Association of Realtors (NAR) reported April 2012 total existing home sales were at a seasonally adjusted rate of 4.62 million single-family homes, townhomes, condominiums and co-ops. The downwardly revised March 2012 seasonally… Read More ›

Existing Home Sales Up Strongly From a Year Ago, Slightly Down from a Month Ago

February 2012 existing home sales were up 8.8 percent from a year ago, although down 0.9 percent from the upwardly revised January level. The February 2012 seasonally adjusted level of 4.59 million sales was up from the 4.22 million level of sales a year ago. The National Association of Realtors (NAR) reported that the February seasonally adjusted sales of existing… Read More ›

Existing Sales Up, Inventory Down

Existing home sales increased 4.3 percent in January to a seasonally adjusted level of 4.57 million units. That level is 0.7 percent above the January 2011 seasonally adjusted annual rate, and is the third increase over the past four months. The National Association of Realtors (NAR) reported that the seasonally adjusted sales of existing homes (comprised of completed transactions of… Read More ›