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Contract Signings Decline MoM as Pending Home Sales Dip 

Appraisal Buzz

decline in pending home sales, according to the National Association of REALTORS. A forward-looking measure of home sales based on contract signings, the Pending Home Sales Index (PHSI) fell to 70.2 in July, the lowest level since the index’s inception in 2001. in July, the lowest level since the index’s inception in 2001.

Contracts 312
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Pending home sales plummet to all-time low in May: NAR

Housing Wire

After rising in March , pending home sales continued to slide in May, with the Pending Home Sales Index (PHSI) posting its second consecutive month of declines to reach a record low, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001.

Inventory 501
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Pending home sales bounce back in June: NAR

Housing Wire

After plummeting to an all-time low in May , pending home sales bounced back a bit in June, with the Pending Home Sales Index rising 4.8%, according to data released Wednesday by the National Association of Realtors (NAR). A reading of 100 is equal to the level of contract activity in 2001. The index rose from a reading of 70.8

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Pending home sales rise slightly but continue to muddle along

Housing Wire

After hitting the second-lowest level on record in July , pending home sales rose slightly in August, according to data released Thursday by the National Association of Realtors (NAR). A reading of 100 is equal to the level of contract activity in 2001. On a regional basis, contract signings rose in the Midwest (up 3.2%

Contracts 455
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Pending home sales fall 38% in November

Housing Wire

according to data released last Wednesday by the National Association of Realtors. An index of 100 is equal to the level of contract activity in 2001. Pending home sales fell for the sixth consecutive month in November, recording a 4.0% month-over-month drop that resulted in an index reading of 73.9,

Contracts 511
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Pending home sales are down 31% from last year

Housing Wire

according to data released Friday by the National Association of Realtors. An index of 100 is equal to the level of contract activity in 2001. regions recorded year-over-year decreases in contract signings. Pending home sales continued their downward spiral in September, recording a 10.2% in September. in September.

Contracts 528
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Pending home sales pick up in February: NAR

Housing Wire

month over month, according to the newest data released Thursday by the National Association of Realtors (NAR). For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. Pending home sales increased modestly in February despite rising mortgage rates , growing 1.6% in February, up from 74.3

Inventory 482