Pending home sales retreated in August but remained at a healthy level of activity and have now risen year–over–year for 12 consecutive months, according to the National Association of Realtors. A modest increase in the West was offset by declines in all other regions. The Pending Home Sales Index, a forward–looking indicator based on contract signings, decreased 1.4 percent … [Read more...] about Pending home sales retreat again in August but remain at healthy level
National Association of Realtors
Pending home sales maintain momentum in May
Pending home sales continued to rise in May and are now at their highest level in over nine years, according to the National Association of Realtors. Gains in the Northeast and West were offset by small decreases in the Midwest and South. The Pending Home Sales Index, a forward-looking indicator based on contract signings, climbed 0.9 percent to 112.6 in May from a slight … [Read more...] about Pending home sales maintain momentum in May
Commercial market continues recovery
While the commercial market still faces its share of challenges, Realtors specializing in commercial real estate expressed confidence in the marked improvement seen in the market over the last year at a commercial economic issues and trends forum at the Realtors Legislative Meetings and Trade Expo. National Association of Realtors Chief Economist Lawrence Yun led a panel … [Read more...] about Commercial market continues recovery
Real estate group: Pending home sales decline but remain above 2013 levels
Pending home sales declined in October but remained at a healthy level of activity and are above year-over-year levels for the second straight month, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, decreased 1.1 percent to 104.1 in October from an upwardly-revised 105.3 in September, … [Read more...] about Real estate group: Pending home sales decline but remain above 2013 levels
Existing-home sales rebound in September
After a modest decline last month, existing-home sales bounced back in September to their highest annual pace of the year, according to the National Association of Realtors. All major regions except for the Midwest experienced gains in September. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, … [Read more...] about Existing-home sales rebound in September