NAR: Pending home sales up 10.3% from last year

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NAR: Pending home sales up 10.3% from last year Alcynna Lloyd is a reporter at HousingWire. Lloyd has a degree in broadcast journalism from the University of North Texas.

Pending-home sales rebound in February, even as Realtors slash 2018 sales forecast. The February rebound still leaves the index 4.1% lower than its level a year ago, though NAR noted in a release that last February’s reading was the second-highest in over a decade. pending sales surged 10.3% in the Northeast, and ticked up 0.7% in the Midwest in February. They rose 3.0% in the South and 0.4% in the West.

According to the NAR, the PHSI in the Northeast surged 10.3% to 96.0 in February but is still 5.1% below a year ago. In the Midwest the index inched forward 0.7% to 98.9 in February but is 9.5% lower than February 2017. Pending home sales in the South rose 3.0% to an index of 125.7 in February but are 1.5% lower than last February.

The Pending Home Sales Index, a forward-looking indicator based on contract signings, increased 4.6 percent to 103.2 in January, up from 98.7 in December. Year-over-year contract signings, however, declined 2.3 percent, making January the thirteenth straight month of annual decreases.

NAR: Pending home sales up 10.3% from last year Womac Contents Regional government (krg) relates National median sale price Blame student loan Years. federal reserve data shows 6 days ago Pending home sales increased 1.1% in May following a 1.5% slip in April, the National Association of Realtors (NAR) reported.

Infographic: July 2018 Existing-Home Sales. Total existing-home sales decreased 0.7% to a seasonally adjusted annual rate of 5.34M in July from 5.38M in June. With last month’s decline, sales are now 1.5% below a year ago.

The National Association of Realtors’ (NAR) Pending Home Sales Index saw a 0.2 percent uptick to 111.0 in June from 110.8 in May; on a year-over-year measure, the index is up one percent. While last.

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NEW YORK ( — The number of homes under contract for sale fell in March, hitting a record low for the second consecutive month, according to a report released Wednesday. The National.

12/11/07 The National Association of Realtors said the pending U.S. home sales index was up 0.6% in October but down 18.4% YoY. A trade group for real-estate agents said the battered housing market is on the verge of stabilizing and raised its outlook for 2007 and 2008 home sales.