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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 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
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Pending home sales limped to the end of 2024

Housing Wire

Pending home sales ended the year on a down note, according to data published on Thursday by the National Association of Realtors (NAR). An index reading of 100 is equal to the level of contract signings in 2001. However, with mortgage rates rising in December and pushing above 7% in January, buyers and sellers are hesitant.

Contracts 429
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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. The Federal Reserve has had to drastically raise interest rates to quell inflation, which has resulted in far fewer buyers and even fewer sellers.”. in September.

Contracts 528
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Pending home sales tank in July, but the slump is likely short lived

Housing Wire

That’s according to the July pending home sales index from the National Association of Realtors. Anything above 100 is considered to have a higher level of activity relative to 2001. Buyers are accustomed to sellers paying for their agents, so shoppers who’ve bought a home before feel uncertain about how to navigate the new landscape.

Buyers 459
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Pending Home Sales Up for Fourth Consecutive Month

Appraisal Buzz

A new report from the National Association of Realtors (NAR) has found that pending home sales gained 2.2% A PHSI reading of 100 is equal to the level of contract activity in 2001. Furthermore, buyers are in a better position to negotiate as the market shifts away from a sellers market. regions, with the West leading the pack.

Contracts 435
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Pending Home Sales Climb to Highest Level Since March

Appraisal Buzz

The National Association of REALTORS (NAR) reports that pending home sales increased in September. The amount of contract activity in 2001 is represented by an index of 100. Transactions increased month over month in all four major regions. September saw a 7.4% the highest level since March (78.3). September saw a 7.4% year-over-year.

Contracts 418