Tag Archive for ‘pending sales’

Pending Home Sales Continue Slide

The Pending Home Sales Index (PHSI), a forward-looking indicator based on signed contracts, fell 1.6% in August 2013 to 107.7 from a downwardly revised 109.4 in July. The August 2013 PHSI reported by the National Association of Realtors (NAR) was 5.8% higher than the same period a year ago. The August PHSI increased 4.0% in the Northeast, but fell 1.4%,… Read More ›

Pending Home Sales Decline in December

Pending home sales fell in December after reaching a 19-month high. The National Association of Realtors (NAR) reported a 3.5% decrease in the Pending Home Sales Index (PHSI) in December, declining to 96.6 from 100.1 as revised in November. The December level is 5.6% above the level of a year ago.  Across the regions, the PHSI increased 4.0% in the… Read More ›