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Pending Home Sales Index Crosses The 100 Barrier
After a series of worse-than-expected data last month, the housing market appears to be back on track. The Pending Home Sales Index posted 101.4 in March, a four percent gain from the month prior and...
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Pending Home Sales Slip In May
The housing market took a breather in April. After forging past its benchmark value of 100 in March, April’s Pending Home Sales Index dropped back to 95.5, its lowest reading of the year. The data...
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Pending Home Sales Index Hits A 2-Year High
Homes are going under contract at a quickening pace. In May, for the second time in 3 months, the Pending Home Sales Index crossed the 100 barrier, stretching to 101.1. A “pending home sale” is a home...
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Existing Home Supply Ticks Higher To 6.6 Months Nationwide
Home resales slipped more than 5 percent last month, putting a damper recent housing market enthusiasm. According to the National Association of REALTORS®, Existing Home Sales fell to 4.37 million...
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Pending Home Sales Index Falls Just Short Of 100
Home sales appear headed for a mid-summer breather. One month after posting a multi-year high, the Pending Home Sales Index retreated to 99.3 in June — a strong reading in its own right. A “pending...
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Pending Home Sales Index Continues To Show Strength
Nationwide, homes continue to sell briskly. According to the National Association of REALTORS®, the Pending Home Sales Index read 99.2 for August — the fourth straight month in which the index hovered...
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Pending Home Sales Index Suggests Housing Momentum Into 2013
The home resales is expected to finish the year with strength. Last month, for the fifth straight month, the Pending Home Sales Index hovered near its benchmark value of 100, registering 99.5 in...
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Pending Home Sales Index Leaps To Multi-Year High
Homes were sold at a furious pace last month. According the National Association of REALTORS® (NAR), the Pending Home Sales Index rose 5.2 percent in October, crossing the benchmark 100 reading, and...
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Pending Home Sales Index Cruises To Multi-Year High
Home buyers continue to push the U.S. housing market forward. In November, for the second straight month, the Pending Home Sales Index eclipsed its benchmark reading of 100, posting a value of 106.4....
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Pending Home Sales Post 20th Consecutive Month Of Annual Gains
The National Association of REALTORS® (NAR) reports that the Pending Home Sales Index fell 4.3 percent in December as compared to the month prior. The index now reads 101.7. The Pending Home Sales...
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