Tag Archives: Pending Home Sale Index (PHSI)

According to the latest from the National Association of Realtors (NAR), pending home sales slipped 4.1% month-over-month in March, marking the fifth consecutive months of transaction decreases. Year-over-year, pending home sales dropped 8.2% in March, marking the tenth consecutive month ...

Affordability remains a factor in the decision-making of home shoppers nationwide who would rather sit on the sidelines before committing to an overpriced market short on inventory.