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Tag Archives: Pending Home Sales Index

Pending Home Sales on Slippery Slope

An overall growing economy, rising incomes, and a strong job market did little to increase the number of buyers signing on the dotted line to achieve their dream of being a homeowner. In fact, pending home sales fell to their ...

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Can the Housing Market Maintain Its Momentum?

Pending home sales inched up 0.5 percent during the year according to the Pending Home Sales Index released by the National Association of Realtors (NAR) on Wednesday. The Pending Home Sales Index is a monthly forward looking indicator based on ...

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August Sees Drop in Pending Home Sales

The drop in the pending sales measure came in the same month that the association reported a dip in existing home sales. According to NAR, sales of existing homes in August were at a seasonally adjusted annual rate of 5.05 million, down 1.8 percent from July.

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‘Disruptive Weather’ Continues to Slow Home Sales

“Ongoing disruptive weather patterns in much of the U.S. inhibited home shopping,” said National Association of Realtor’s chief economist, Lawrence Yun. The analysis came in the wake of the release of NAR’s Pending Home Sales Index, noting pending sales edged up .1 percent to 95 last month. Compared to January 2013, pending sales were down 9.0 percent.

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