Pending home sales hit two-year high: NAR

Pending homes sales soared in February to their highest level since June 2013, according to data released by the National Association of Realtors (NAR) on Monday. The pending home sales index rose 3.1.

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The index of pending home sales jumped 6.7 percent to 112.3, the highest since December 2006, figures from the National Association of Realtors showed today in Washington. The increase exceeded all.

House hunters signed 2.2 percent fewer contracts to buy existing homes in December, according to the National Association of Realtors. These so-called pending sales are a future. as the median home.

Compared with a year earlier, sales in January were down 4.8%, the. The drop was surprising given that pending home sales increased slightly over the past two months, which typically predicts an uptick in existing home sales.. Realtor. com under license from the National Association of Realtors.

Stocks extended early losses in midday trading Thursday after U.S. pending home sales hit a nine-year high, concerning some investors that the latest sign of a robust housing recovery may be.

The National Association of Realtors said its Pending Home Sales Index, based on contracts signed last month, increased 1.7 percent to 106.4 – the highest level since April 2010 when the home.

NAHB compiles annual, quarterly and monthly (not seasonally adjusted) data for new and existing homes. This includes regional sales, nationwide sales and inventory, and median prices.. additional information is also available in the U.S. Census Bureau’s most recent press release and the methodology of its data compilation.

The NAR said its Pending Home Sales Index, based on contracts signed last month. The 30-year fixed mortgage rate is currently at 4.23 percent, below a more than 2-1/2-year high of 4.32 percent hit.

The Voice for Real Estate 21: Home Sales Surge 5 distressed sales (foreclosures and short sales), days on market, first-time buyers, all-cash transactions and investors are from a monthly survey for the NAR’s Realtors Confidence Index, posted at nar.realtor. NOTE: NAR’s Pending Home Sales Index for April is scheduled for release on May 30, and Existing-Home Sales for May will be.

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The NAR pending home sales index – which measure contract signings on homes – increased 4.5% to 105.9 in January, compared to a score of 101.3 in December. That index score is also still 9.5%.