Pending home sales recede in January: NAR
Housing Wire
FEBRUARY 29, 2024
month over month in January, 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. Overall active inventory improved 7.9% Pending home sales dropped 4.9% NAR’s Pending Home Sales Index (PHSI) decreased to 74.3
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