pending home sales Archive
Supply Constraints in West Slow Contract Signings
NAR’s forward-looking pending home sales index slipped 4.4 percent in December, signaling a loss of momentum in contract signings, but the easing seems to be more about inventory shortages than weak demand, NAR Chief Economist Lawrence Yun says. “Clearly...
January 28, 2013
Pending Sales Up but Uncertainty Looms
If any more evidence is needed that home sales are recovering we have it in NAR’s latest pending home sales data, for November, which were released last week. The index is up for the third straight month and it’s...
December 31, 2012
Jobs, Rising Rents Help Pending Sales Inch Up
NAR’s forward-looking pending home sales index showed a very small rise in September, just 0.3 percent, but it’s one more data point to suggest the recovery is solidly underway even if it remains modest. The rise represents the latest...
October 25, 2012
Conditions Suggest Sustained Market Improvement
Coverage in much of the media of NAR’s latest pending home sales index, whch was released on Monday, has focused on the improvement we’ve seen over last year. The Wall Street Journal, for example, in its front-page “Vital Signs”...
March 27, 2012
2012 Home Sales: Positives on Many Fronts
NAR released its latest pending home sales index figure last week and for the second month in a row the index is up. But more than that, the index has broken 100. This is significant because the only time...
January 3, 2012
October Pending Home Sales Up Significantly
In what might finally be a sign that home sales are poised for a turnaround, NAR’s forward-looking pending home sales index jumped 10.4 percent in October from the previous month and is also up significantly on a year-over-year basis....
November 30, 2011
Mental Recession Redux?
By Brian Summerfield, Online Editor, REALTOR® Magazine In July 2008, in the heat of the presidential election, McCain campaign advisor and former U.S. Senator Phil Gramm caused some controversy when he seemingly characterized the United States as “a nation...
September 25, 2009