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Pending Home Sales Up for Fourth Straight Month

Pending Home Sales Up for Fourth Straight Month

by Phil Hall | Dec 30, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales were up for the fourth consecutive month in November with a 2.2% uptick, reaching the highest level since February 2023. The National Association of Realtors’ (NAR) Pending Home Sales Index reached 79.0 last month; an index of 100 is equal to the...
Pending Home Sales Up for Third Straight Month

Pending Home Sales Up for Third Straight Month

by Phil Hall | Nov 27, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, Uncategorized, WRE News Exclusive

Pending home sales during October marked the third consecutive month of upward movement, according to data from the National Association of Realtors (NAR). The Pending Home Sales Index, NAR’s indicator of home sales based on contract signings, rose by 2.0%...
Pending Home Sales Up 7.4%

Pending Home Sales Up 7.4%

by Phil Hall | Oct 30, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales were on the rise last month, according to new data from the National Association of Realtors (NAR). The Pending Home Sales Index (PHSI), NAR’s forward-looking indicator of home sales based on contract signings, soared by 7.4% to 75.8 in September,...
Pending Sales Up in Mid-Atlantic Region

Pending Sales Up in Mid-Atlantic Region

by Phil Hall | Oct 10, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 19,945 new pending sales were recorded during September in the Mid-Atlantic region covered by Bright MLS, up 10.3% from year ago. The increase in pending sales was fueled by a regional housing inventory that has been increasing for eight consecutive months....
Pending Home Sales Up Slightly in August

Pending Home Sales Up Slightly in August

by Phil Hall | Sep 26, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales inched up by 0.6% in August, according to data from the National Association of Realtors (NAR). The Pending Home Sales Index (PHSI), NAR’s forward-looking indicator of home sales based on contract signings, increased to 70.6 in August; an index of...
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