NAR's forward - looking Pending
Home Sales Index for November was also up, a solid 3.5 percent, indicating more strength in home sales in the months ahead.
The National Association of Realtors said Monday its seasonally adjusted pending
home sales index fell 1.4 percent to 109.4 last month.
Spring selling got off to a sunny start with the sales pace of existing homes hitting an 18 - month high in March and NAR's forward - looking Pending
Home Sales Index showing continued improvement moving into summer.
We have some excellent news to report from the national housing market: Evidently US pending
home sales index increased for the third straight month in April.
Existing - home sales dipped almost 1 percent in June to 4.77 million units, while NAR's forward - looking Pending
Home Sales Index rose 2.4 percent.
2018 got off to a sluggish start, with January home sales dropping 3.2 percent from the previous month and NAR's forward looking pending
home sales index pointing to continued modest performance.
By region, the Pending
Home Sales Index in October gained in the Northeast by 2.8 percent and is 8.1 percent above year - ago levels.
Signed contracts to purchase existing home rose just 0.4 percent in March compared to February, according to a monthly pending
home sales index from the National Association of Realtors.
Metro Home Prices May 24: April Existing - Home Sales May 31: April Pending
Home Sales Index June 20: May Existing - Home Sales June 27: May Pending Home Sales
The gains look likely to hold for a while because NAR's forward - looking Pending
Home Sales Index also is up.
Because a home goes under contract a month or two before it is sold, the Pending
Home Sales Index generally leads Existing - Home Sales by a month or two.
After falling for three straight months this spring, the June pending
home sales index posted a much - needed gain of 1.5 percent.
In this week's economic review, mortgage rates declined while the pending
home sales index offset the outlook for future existing home sales.
Despite October existing home sales reaching peak levels not seen since 2007, the pending
home sales index nudged upward by only 0.1 percent in October.
The National Association of REALTORS ® recently reported that its existing -
home sales index saw home prices tick up 12.8 percent in October year - over-year.
(Yesterday, the National Association of Realtors reported that its Pending
Home Sales Index fell 1.3 % from March to April — a time when pending sales should be ramping - up with the warmer weather.
Perhaps most important is that the National Association of Realtors Pending
Home Sales Index for March increased more than 4 percent, reaching its highest level since the end of the home buyer tax credit period.
In a positive sign going into summer, NAR's forward - looking pending
home sales index showed contract signings moving higher in February.
Existing home sales should continue to grow, as the NAR Pending
Home Sales Index increases 1.7 % in November, reaching the highest level since April 2010.
The National Association of Realtors said Wednesday that its seasonally adjusted pending
home sales index rose 1.3 percent in July to 111.3, the highest reading since April.
The Pending
Home Sales Index measures housing contract activity; an index of 100 is equal to the level of activity during 2001, the benchmark year.
Mortgage blip signals easing Sales of existing homes stabilized in July, but NAR's forward - looking pending
home sales index points to slippage in the coming months as markets work through the credit squeeze that hit in early fall.
The pending
home sales index from the National Association of Realtors dropped 0.8 percent month - to - month and is now 1.7 percent lower than May 2016.
NOTE: NAR's metropolitan area price report for the second quarter will be released August 16, Existing - Home Sales for July will be reported August 24, and the next
Pending Home Sales Index will be August 31; all release times are 10:00 a.m. ET.
The National Association of Realtors released its Pending
Home Sales Index for the month of October.
Pending
home sales index rose 1.3 % m / o / m, above the 0.6 % expected increase.
Today the National Association of Realtors released the March data for their Pending
Home Sales Index.
NAR's Pending
Home Sales Index, which tracks contract signings (as opposed to closed sales) for previously owned homes, rose to 110.5, up from February's downwardly revised 109.0.
January «Pending» Home Sales — The NAR's «pending
home sales index,» which is based on contract signings, was released this past Wednesday.
December's pending
home sales index was revised down from the original headline report.
The Pending
Home Sales Index (PHS), a leading indicator of housing activity, measures housing contract activi...
NOTE: Existing — Home Sales for October will be released November 23, the fourth quarter Commercial Real Estate Report / Forecast will be released November 24, and the Pending
Home Sales Index for October will be released November 30; release times are 10:00 a.m. EST..
Today has already seen the release of the Chicago Purchasing Managers Statistics (62.6 actual versus the prior 65.5), U.S. Pending
Home Sales Index (6.1 % actual vs. 0.4 % prior) and the Dallas Fed Manufacturing Index (11.4 vs. 8.0 prior).
The National Association of Realtors said that its pending
home sales index fell to 106.3 in August from 109.1 in July.
The pending
home sales index was at 107.5, up from 105.6, during the same period.
April 23: March Existing - Home Sales April 30: March Pending
Home Sales Index May 14: 1st Qtr.
The Pending
Home Sales Index for January will be released February 27 and existing - home sales for February is scheduled for March 21; release times are 10:00 a.m. ET.
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