Tag Archives: Pending Home Sales Index

Pending Home Sales Soar Despite Rough Winter

Banks have been slow to put foreclosed homes up for sale recently, possibly waiting for prices to improve further. While some expected a surge in inventory once home prices began to improve, that so-called “shadow supply,” has yet to emerge. … Continue reading

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Pending Home Sales Beat Expectations in July

Despite expectations of a drop-off in home sales this fall, a forward-looking indicator shows a growing number of buyers are jumping back into the housing market. The National Association of Realtors’ Pending Home Sales Index rose 2.4 percent in July … Continue reading

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Pending Home Sales Fall in June Due to ‘Fewer Listings’

Home buyers signed fewer contracts to buy existing homes in June, despite renewed optimism in the overall housing recovery. The pending home sales index from the National Association of Realtors fell 1.4 percent from May. It is up 9.5% from … Continue reading

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Cancellations Roil Realtors

Page 1 of 3 | Next PageShow Entire Article Forecasters expected sales of existing homes to rise in June because the pending home sales index, which measures signed contracts, rose in May. If you consider it takes 1-2 months to … Continue reading

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Struggling to Make a House Call on Confidence

Page 1 of 2 | Next PageShow Entire Article Today’s report on consumer confidence, or the striking lack of it, is yet another sign that housing is going to be in a very sticky state for a while. It’s hard … Continue reading

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