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June’s Pending Home Sales Up From May

June’s Pending Home Sales Up From May

by Phil Hall | Jul 31, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales in June were up by 4.8% from May but were down 2.6% from June 2023, according to the National Association of Realtors (NAR). The Pending Home Sales Index, NAR’s a forward-looking indicator of home sales based on contract signings, grew to 74.3 in...
Redfin: Median Sales Price Hits New Record High

Redfin: Median Sales Price Hits New Record High

by Phil Hall | Jul 3, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report by Redfin (NASDAQ:RDFN) tracking the four weeks ending June 30 has placed the median sales price at $397,954, an all-time high. This price is up 4.9% from one year ago, marking the largest annual increase since March. During the same period, the...
Pending Home Sales Down in May

Pending Home Sales Down in May

by Phil Hall | Jun 27, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales were down by 2.1% in May from April, according to new data from the National Association of Realtors (NAR). Year-over-year, pending sales were down by 6.6%. Last month, NAR’s Pending Home Sales Index (PHSI) – a forward-looking indicator of home...
Pending Home Sales Slumped in April

Pending Home Sales Slumped in April

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

Pending home sales in April fell by 7.7%, according to data from the National Association of Realtors (NAR). NAR’s Pending Home Sales Index (PHSI) decreased to 72.3 in April; an index of 100 is equal to the level of contract activity in 2001. On a year-over-year...
Pending Home Sales Up in March

Pending Home Sales Up in March

by Phil Hall | Apr 25, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales in March were up by 3.4% from February and up by 0.1% from one year earlier, according to new data from the National Association of Realtors (NAR). The trade group’s Pending Home Sales Index (PHSI) increased to 78.2 in March; an index of 100 is...
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