Keyword: pending home sales
Pending home sales increase – hopeful sign for real estate sector
Pending home sales up Pending home sales rose in October 10.4 percent from September and 9.2 percent in October 2010, according to the National Association of Realtors’ (NAR) Pending Home Sales Index (PHSI). The PHSI measures signed contracts which indicates that a possible increase in existing home sales for November and December could occur. Dr. Lawrence Yun, NAR chief economist, ...
Pending home sales up over the year, even more so than NAR reports
Signed contracts on homes Pending home sales or signed contracts on homes are down 1.2 percent in August from July but up 7.7 percent from August 2010, according to the National Association of Realtors. Additionally, there was inconsistent performance by region with some performing well and others poorly. The pending home sales index fell 5.8 percent in the Northeast for ...
Pending home sales slide in July, still performing better than 2010
Pending home sales drop After exciting news in July that pending home sales (contracts signed) had jumped 20% from June 2010 to June 2011, beating economists’ projections, today, the National Association of Realtors is reporting that pending home sales dropped slightly 1.3 percent, but remain elevated 14.4 percent higher than July 2010 which is good news for a struggling housing ...
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Pending home sales up 20% from June 2010 beating economist projections
Pending home sales up In a surprising report, the National Association of Realtors is reporting an unexpected rise of 2.4% in pending home sales (contracts signed) in June, as many expected it to fall in light of recent reports that existing home sales slid, with contract cancellations as one of the primary factors. NAR reports that pending home sales for ...
Pending home sales nosedive 27% from April 2010
Lowering expectations Pending home sales (contracts signed) dipped far below what was forecast in April, hitting a seven month low, according to the National Association of Realtors (NAR), now 27% below April of 2010. Last month when pending home sales beat expectations, NAR Chief Economist Lawrence Yun spoke optimistically about market conditions, “Based on the current uptrend with very favorable ...
Pending home sales beat expectations for a second month in a row
Rising real estate stats For a second month in a row, National Association of Realtors data reveals that pending home sales (contracts signed) beat expectations in March, rising 5.1% after a 2.1% rise in February. New home sales have dropped 22% from last March and home prices have double dipped making the news of rising pending home sales welcome news ...
Pending home sales tick up in February despite expectations
Bucking the trend As new home construction hits their lowest sales and permits in recorded history and existing home sales dip, there is a tiny bright spot in real estate sales and that is in pending home sales which ticked up 2.1% in February from the prior month and 8.2% from February 2010. Pending home sales are tracked by the ...
Pending home sales continue to slide but no longer so rapidly
Pending home sales (data based upon contracts signed in June) continues to drop but the nosedive seems to be slowing down drastically. After a dramatic drop of 30% in May, the pending home sales decline of 2.6% in June as reported today by the National Association of Realtors seems like a welcome drop. Down 18.6% from June of 2009, the ...
Pending home sales nosedive dramatically after tax credit expiration
Pending home sales Everyone knew that with the expiration of the mouth watering incentive to home buyers of an $8,000 tax credit that sales would fall, and when new home sales dropped 17% in May, forecasters were surprised as to the extent the sales slipped. But that shock was minor in comparison to the news of May’s pending home sales ...
Pending home sales continue to improve, skyrocket in Northeast
April pending home sales data Today, the National Association of Realtors (NAR) has announced that the pending home sales index (PHSI) which measures contracts signed has increased for the third month in a row. Pending home sales rose 6% in April from March and rose 22.4% higher than April 2009. The PHSI in April was at its highest level since ...
Pending home sales jump in South, decline in Northeast [REPORT]
![Pending home sales jump in South, decline in Northeast [REPORT]](http://agbeat.wpengine.netdna-cdn.com/wp-content/uploads/2010/05/pending-home-sales-150x150.jpg)
Pending home sales data According to a National Association of Realtors report out today, national pending home sales increased again in March. This number reflects the number of contracts signed in the given month. The NAR says the 5.3% rise in pending home sales from February 2010 and a 21.1% rise over March 2010 “affirm[s] that a surge of home ...
Pending home sales index shows a greatly improving market
Finally some good news February proved to bring great news as the pending home sales index (based on contracts signed in the month) surged 8.2%, the highest monthly rise since October 2001, according to the National Association of Realtors. NAR’s chief economist, Lawrence Yun said, “The rise in buyer contact activity may signal the early stages of a second surge ...
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