The Pending Home Sales Index increased for the fifth straight month to the highest level in over nine years. The Pending Home Sales Index (PHSI), a forward-looking indicator based on signed contracts reported by the National Association of Realtors (NAR), increased 0.9% in May to 112.6, and climbed to 10.4% above the May level a year ago. Regionally, the May… Read More ›
Tag Archive for ‘pending home sales’
Pending Existing Homes Sales Reaches Nine-Year High
The NAR Pending Home Sales Index increased for the fourth straight month in April to a level 14% above April of 2014. The Pending Home Sales Index (PHSI), a forward-looking indicator based on signed contracts produced by the National Association of Realtors (NAR), increased 3.4% in April to 112.4, up from an upwardly revised 108.7 in March. The PHSI increased year-over-year for the eighth consecutive… Read More ›
Pending Sales Momentum
The Pending Home Sales Index increased for the third straight month in March to a level 11.1% above the same period a year ago. The Pending Home Sales Index (PHSI), a forward-looking indicator based on signed contracts reported by the National Association of Realtors (NAR), increased 1.1% in March to 108.6, up from an upwardly revised 107.4 in February. The… Read More ›
Pending Sales Strong: First-Time Buyers Join In?
The Pending Home Sales Index increased 3.1% in February, and was up 12.0% from the same period a year ago. The Pending Home Sales Index (PHSI), a forward-looking indicator based on signed contracts reported by the National Association of Realtors (NAR), increased to 106.9 in February, up from a downwardly revised 103.7 in January. The PHSI increased year-over-year for the… Read More ›
Pending Sales Resume Upward Trend
The Pending Home Sales increased 1.7% in January, and was up 8.4% from the same period a year ago. The Pending Home Sales Index (PHSI), a forward-looking indicator based on signed contracts reported by the National Association of Realtors (NAR), increased to 104.2 in January, up from an upwardly revised 102.5 in December. The PHSI increased year-over-year for the fifth… Read More ›
Pending Sales Tumble
The Pending Home Sales Index decreased 3.7% in December, but was up 6.1% from the same period a year ago. The Pending Home Sales Index (PHSI), a forward-looking indicator based on signed contracts reported by the National Association of Realtors (NAR), decreased to 100.7 in December, down from a downwardly revised 104.6 in November. The PHSI also declined sharply in December… Read More ›
Pending Sales Trend Down
Although pending home sales decreased 1.1% in October, the index was up from the previous year. The Pending Home Sales Index (PHSI), a forward-looking indicator based on signed contracts reported by the National Association of Realtors (NAR), decreased to 104.1 in October, down from an upwardly revised 105.3 in September. The October index was up 2.2% from the same month… Read More ›
Pending Sales Trend Up
Pending home sales increased 0.3% in September, suggesting continued steady improvement in existing sales. The Pending Home Sales Index (PHSI), a forward-looking indicator based on signed contracts reported by the National Association of Realtors (NAR), increased to 105.0 in September from 104.7 in August. The September reading was up 1.0% from the same month a year ago, and pending sales… Read More ›
Investors Pause Pending
Pending home sales decreased 1.0% in August, reflecting the gradual withdrawal of investors as the supply of distressed properties at bargain prices continues to decline. The Pending Home Sales Index (PHSI), a forward-looking indicator based on signed contracts reported by the National Association of Realtors (NAR), decreased to 104.7 in August from 105.8 in July. The August reading was down… Read More ›
Pending Sales Resume Upward Trend
Pending home sales increased 3.3% in July, climbing four of the last five months. The Pending Home Sales Index (PHSI), a forward-looking indicator based on signed contracts reported by the National Association of Realtors (NAR), increased to 105.9 in July from a downwardly revised June level of 102.5. The July reading was down 2.1% on a year-over-year basis. The July… Read More ›