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Pending Home Sales Up in February

Pending Home Sales Up in February

by Phil Hall | Mar 28, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales during February were up by 1.6% from January, according to the National Association of Realtors (NAR). On a year-over-year basis, pending sales were down by 7%. NAR’s Pending Home Sales Index (PHSI) increased to 75.6 in February; an index of 100 is...
Pending Home Sales Up in February

Pending Home Sales, Buyer Affordability Down in January

by Phil Hall | Feb 29, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

January was a chilly month for pending home sales, according to new data from the National Association of Realtors (NAR). NAR’s Pending Home Sales Index dropped by 4.9% from December to January, closing the month with a 74.3 reading; an index level of 100 is equal to...
Pending Home Sales Up by 8.3%

Pending Home Sales Up by 8.3%

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

Pending home sales in December recorded an 8.3% spike, according to data from the National Association of Realtors (NAR). The Pending Home Sales Index, NAR’s forward-looking indicator of home sales based on contract signings – increased to 77.3 in December....
Pending Home Sales Up in February

Pending Home Sales Activity Remains Unchanged

by Phil Hall | Dec 28, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The level of pending home sales in November was unchanged from October and down by 5.2% from one year earlier, according to the National Association of Realtors (NAR). NAR’s Pending Home Sales Index, a forward-looking indicator of home sales based on contract signings...
Pending Home Sales at Historic Low Level

Pending Home Sales at Historic Low Level

by Phil Hall | Nov 30, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales were at a historic low level in October, according to new data from the National Association of Realtors (NAR). The NAR Pending Home Sales Index (PHSI) in October fell 1.5% from the previous month to 71.4, the lowest number since the index was...
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