Articles Recently Tagged: Pending Home Sales

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Pending Home Sales Surge But Remain Lower Than Last Year

While the National Association of Realtors Pending Home Sales Index surged 6.1 percent from April to May, the largest month-over-month gain since April of 2010, the index remains 5.2 percent lower on a year-over-year basis. At the same time, the inventory level of homes for sale across the U.S. increased 8.6 percent and is running Read More »

Pending Home Sales Barely Budge Despite Increase In Inventory

While the National Association of Realtors Pending Home Sales Index inched up a nominal 0.4 percent from March to April, it’s now running 9.2 percent lower on a year-over-year basis versus 8.0 percent lower last month. At the same time, the inventory level of homes for sale across the U.S. increased 8.6 percent and is Read More »

Pending Home Sales Tick Up, But Remain Below 2013 Levels

The National Association of Realtors Pending Homes Sales Index ticked up 3.4 percent from February to March, the first month-over-month gain in nine months. That being said, the forward-looking indicator remains nearly 8 percent lower on a year-over-year basis while the inventory of homes for sale is 9.5 percent higher – and moving 23 percent Read More »