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Pending home sales surged in December: NAR

Housing Wire

month over month in December, according to the newest data from the National Association of Realtors (NAR). For comparison, the index is benchmarked at a reading of 100 based on 2001 contract activity. New home sales , another measure of contract signings, rose 8% in December on the back of declining mortgage rates.

Contracts 450
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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. Falling home sales and construction have hurt broader economic activity.”. Falling home sales and construction have hurt broader economic activity.”. An index of 100 is equal to the level of contract activity in 2001.

Contracts 493
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Pending home sales fell 2.7% in May though demand remains strong

Housing Wire

After holding steady month over month in April , pending home sales were back down again in May, dropping 2.7%, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. annual drop recorded in April.

Contracts 370
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Pending home sales fall 5.2% in March

Housing Wire

month-over-month decrease, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. In the new construction sector , NAR predicts sales to increase 4.5% year over year. year over year to 4.56 million for all of 2023.

Inventory 424
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Pending home sales rose 0.3% in June, the first increase in 3 months

Housing Wire

After dropping slightly month over month in May , pending home sales ticked back up in June, rising 0.3%, according to data released Thursday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. annual drop recorded in May. in 2023, to 720,000. in 2024, to 820,000.

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Pending home sales jump again in January, but don’t get too excited

Housing Wire

January’s pending home sales picked up right where they left off in 2022, posting the second consecutive month of increases, according to data released Monday by the National Association of Realtors (NAR). An index of 100 is equal to the level of contract activity in 2001. After posting a 2.5% compared to a year ago.

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Pending home sales rebound in March

Housing Wire

The National Association of Realtors released encouraging news Thursday about the future of the housing market. The trade group reported that pending home sales – that is homes where a buyer signed a contract, but the sale has not closed – rose 1.9 % index points to 111.3 New residential construction building permits in the U.S.

Contracts 414