The National Association of REALTORS® (NAR) reports that the Pending Home Sales Index fell 4.3 percent in December as compared to the month prior. The index now reads 101.7.
The Pending Home Sales Index measures the number of U.S. homes that have gone "into contract", but have not yet close...
Home buyers continue to push the U.S. housing market forward.
In November, for the second straight month, the Pending Home Sales Index eclipsed its benchmark reading of 100, posting a value of 106.4.
The Pending Home Sales Index (PHSI) is published monthly by the National Association of REALTORS®. It ...
Homes were sold at a furious pace last month.
According the National Association of REALTORS® (NAR), the Pending Home Sales Index rose 5.2 percent in October, crossing the benchmark 100 reading, and moving to 104.8.
It's a 5-point improvement from September's revised figure and the highest readin...
The home resales is expected to finish the year with strength.
Last month, for the fifth straight month, the Pending Home Sales Index hovered near its benchmark value of 100, registering 99.5 in September.
he Pending Home Sales Index tracks homes under contract to sell, but not yet sold, and is publis...
Nationwide, homes continue to sell briskly.
According to the National Association of REALTORS®, the Pending Home Sales Index read 99.2 for August -- the fourth straight month in which the index hovered near its benchmark value of 100.
A "pending home" is a home that is under contract to sell...
In July, the third time this year, the Pending Home Sales Index crossed its benchmark value of 100, moving to 101.7.
A "pending home sale" is a home under contract to sell, but not yet sold. Data for the index is collected by the National Association of REALTORS® and published monthly...
Home sales appear headed for a mid-summer breather.
One month after posting a multi-year high, the Pending Home Sales Index retreated to 99.3 in June -- a strong reading in its own right.
A "pending home sale" is a home that is under contract to sell, but not yet sold. June's value of ...
Home resales slipped more than 5 percent last month, putting a damper recent housing market enthusiasm.
According to the National Association of REALTORS®, Existing Home Sales fell to 4.37 million units in June 2012 on a seasonally-adjusted, annualized basis. This is 250,000 fewer home sales per...
Homes are going under contract at a quickening pace.
In May, for the second time in 3 months, the Pending Home Sales Index crossed the 100 barrier, stretching to 101.1. A "pending home sale" is a home under contract to sell, but not yet sold.
Statistically, the Pending Home Sales Index readi...
Mortgage markets improved only slightly last week despite a large 2-day rally that lasted through Wednesday and Thursday. Unfortunately for mortgage rate shoppers in Henrico , markets were worse throughout the other 3 days of the week, which kept mortgage rates from dropping to new all-time lows. As...
The housing market took a breather in April.
After forging past its benchmark value of 100 in March, April's Pending Home Sales Index dropped back to 95.5, its lowest reading of the year. The data suggests fewer home resales throughout Virginia and nationwide in the months ahead.
A "pen...
After a series of worse-than-expected data last month, the housing market appears to be back on track.
The Pending Home Sales Index posted 101.4 in March, a four percent gain from the month prior and the index's highest reading since April 2010 -- the last month of that year's federal home buyer tax ...
The housing market took a step back in February, but remains near post-recession highs.
According to data from the National Association of REALTORS®, February's Pending Home Sales Index slipped 0.5 percent from the month prior, to 96.5.
The Pending Home Sales Index is a monthly report which measures t...
Mortgage markets worsened last week as the U.S. economy continued to show that it's in recovery, and as Federal Reserve Chairman Ben Bernanke publicly hinted at the same. In a congressional testimony Wednesday, Chairman Bernanke suggested that new, Fed-led stimulus may not be imminent, surprising Wa...
After 3 consecutive months of growth, the housing market appears to have eased a bit in December.
According to the National Association of REALTORS®, December's Pending Home Sales Index slipped 4 percent from the month prior. The index measures the number of homes under contract to sell nationwide, b...
Low home prices and mortgage rates have combined to push home affordability to record levels nationwide. Home buyers are taking advantage.
The Pending Home Sales Index rose 7 percent in November to rise to its highest level since April 2010, the last month of last year's home buyer tax credit pr...
Despite the lowest mortgage rates of all-time, home buyers are slowing the pace at which they're buying homes.
According to the National Association of REALTORS®, on a seasonally-adjusted basis, the Pending Home Sales Index fell 1 percent in August.
The Pending Home Sales Index measures homes under co...
After 3 straight months of gains, the Pending Home Sales Index slipped 1 percent in July. The monthly report is published by the National Association of REALTORS® and measures the number of home under contract to sell nationwide.
The Pending Home Sales Index is closely watched by Wall Street and anal...
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