2001 Housing Market Sellers 
Housing Wire
JANUARY 3, 2023
An index of 100 is equal to the level of contract activity in 2001. Pending-home sales in November reflect a freeze in the housing market, as buyers remain on the sideline and sellers are staying put,” Odeta Kushi, First American’s deputy chief economist, said in a statement.
Housing Wire
OCTOBER 28, 2022
An index of 100 is equal to the level of contract activity in 2001. Persistent inflation has proven quite harmful to the housing market,” Lawrence Yun, NAR’s chief economist, said in a statement. Yun noted that new listings are down compared to a year ago, as many existing homeowners do not want to give up the 3.0%
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Housing Wire
MARCH 28, 2024
For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. NAR’s Pending Home Sales Index increased to 75.6 in February, up from 74.3 in January. On a year-over-year basis, pending sales were down 7%. On a year-over-year basis, all four U.S. regions registered losses, NAR reported.
Housing Wire
AUGUST 29, 2024
to the second lowest seasonally adjusted rate in the data’s history, topping only April of 2020 when the market was frozen by the pandemic. Anything above 100 is considered to have a higher level of activity relative to 2001. On an annual basis, the index fell by 8.5% The index fell by 5.5% month over month to 70.2.
Appraisal Buzz
OCTOBER 30, 2024
The amount of contract activity in 2001 is represented by an index of 100. Jones explained that pending home sales, also known as contract signings, measure the first official stage of a home sale transaction—when a buyer and seller have reached an agreement on terms and price. September saw a 7.4% the highest level since March (78.3).
Housing Wire
SEPTEMBER 15, 2023
Rates last month surged to 7.23%—the highest since 2001 – sending the typical homebuyer’s monthly payment up significantly from last year. A lot of sellers are also willing to let buyers slip away because they don’t want to concede to repair requests,” Morre said. That rate is up from 14.3% million in August, falling 1.1%
Housing Wire
MAY 31, 2022
Mortgage lenders and real estate investment firms this month entered tight housing markets in the Midwest and the Northwest to better reach prospective homebuyers, despite a challenging mortgage market. Chicago’s housing market started out hot in 2022. Department of Agriculture (USDA). during the same time.
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