‘Disruptive Weather’ Continues to Slow Home Sales
“Ongoing disruptive weather patterns in much of the U.S. inhibited home shopping,” said National Association of Realtor’s chief economist, Lawrence Yun. The analysis came in the wake of the release of...
View ArticleAugust Sees Drop in Pending Home Sales
The drop in the pending sales measure came in the same month that the association reported a dip in existing home sales. According to NAR, sales of existing homes in August were at a seasonally...
View ArticleThe Week Ahead: All Eyes Watching the Jobs Report
Will the upcoming Employment Situation report be the last piece of the puzzle the Fed needs in determining whether to increase the federal funds target rate in September? The post The Week Ahead: All...
View ArticleDemand for Homes Outpaces Current Supply Available
Potential homeowners are feeling more confident about their financial situation and are turning out in large numbers, but find they are challenged by supply, higher sales prices, and rising interest...
View Article‘Disruptive Weather’ Continues to Slow Home Sales
“Ongoing disruptive weather patterns in much of the U.S. inhibited home shopping,” said National Association of Realtor’s chief economist, Lawrence Yun. The analysis came in the wake of the release of...
View ArticleThe Week Ahead: All Eyes Watching the Jobs Report
Will the upcoming Employment Situation report be the last piece of the puzzle the Fed needs in determining whether to increase the federal funds target rate in September? The post The Week Ahead: All...
View ArticleDemand for Homes Outpaces Current Supply Available
Potential homeowners are feeling more confident about their financial situation and are turning out in large numbers, but find they are challenged by supply, higher sales prices, and rising interest...
View ArticleCan the Housing Market Maintain Its Momentum?
Pending home sales inched up 0.5 percent during the year according to the Pending Home Sales Index released by the National Association of Realtors (NAR) on Wednesday. The Pending Home Sales Index is a...
View ArticleThe Week Ahead: Pending Home Sales Forecast Future Trends
The National Association of Realtors will release its Pending Home Sales Index at 10 a.m. on Wednesday, February 28. The Pending Home Sales Index tracks sales of existing homes in which a contract has...
View ArticlePending Home Sales on Slippery Slope
An overall growing economy, rising incomes, and a strong job market did little to increase the number of buyers signing on the dotted line to achieve their dream of being a homeowner. In fact, pending...
View ArticlePending Home Sales Rise Slightly From April
Pending home sales inched higher in May, ending a six-month streak of declines, according to the National Association of Realtors. Regionally, month-over-month results were mixed as the Northeast and...
View ArticleThree of Four Regions Post Declining Home Sales Numbers
The Pending Home Sales Index (PHSI), which measures housing contract activity, again fell in July, the second month in a row and the eighth time it has fallen this year. In addition, three out of the...
View ArticlePending Home Sales Numbers Continue Recent Slide
The Pending Home Sales Index (PHSI), which measures housing contract activity, again fell in August, the third month in a row and the ninth time it has fallen this year. In addition, three out of the...
View ArticlePending Home Sales Drop in September
The National Association of Realtors’ latest Pending Home Sales Index showed transactions sliding by 31% year-over-year. Contract signings also pulled back in all four major U.S. regions, with inflated...
View ArticlePending Home Sales, Contract Signings Slide in November
Pending home sales recorded the second-lowest monthly reading in 20 years as pending transactions dropped by nearly 40% year-over-year, while contract signings also slipped from October.
View ArticleReport: YoY Pending Sales Down 30% Nationally
A new report from the National Association of Realtors shows pending home sales numbers improving on a monthly basis for the first time in six months. Click through to read Chief Economist Lawrence...
View ArticlePending Home Sales, Contract Signings Experience Slight May Drop
"Despite sluggish pending contract signings, the housing market is resilient with approximately three offers for each listing," said NAR Chief Economist Lawrence Yun. "The lack of housing inventory...
View ArticlePending Home Sales Up in July
While pending home sales rose a meaningful 0.7% in July, overall, this number is only marginally better than its low point hit in March earlier this year.
View ArticlePending Home Sales Get Monthly Bump, But Still Down YoY
A new report from the National Association of Realtors revealed contract signings rose in July, as pending home sales also increased for the second month in a row, according to NAR's latest Pending...
View ArticleHigh Rates Push Pending Home Sales Down 13%
Mortgage interest rates have remained stubbornly high in recent weeks, well after the summertime busy season moving into the tamer fall season.
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