Content about Pending Home Sales

May 2, 2012

The Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 4.1% to 101.4 in March from an upwardly revised 97.4 in February and is 12.8% above March 2011 when it was 89.9, according to the National Association of Realtors. The data reflect contracts but not closings.

The index is now at the highest level since April 2010 when it was 111.3.

March 26, 2012

Pending home sales were down slightly in February but remain notably above the pattern in the first half of last year, according to the National Association of Realtors.

The Pending Home Sales Index, a forward-looking indicator based on contract signings, eased 0.5% to 96.5 in February from 97.0 in January but is 9.2% above February 2011 when it was 88.4. The data reflects contracts but not closings.

December 29, 2011

Pending home sales continued to gain in November and reached the highest level in 19 months, according to the National Association of Realtors.

The Pending Home Sales Index, a forward-looking indicator based on contract signings, increased 7.3% to 100.1 in November from an upwardly revised 93.3 in October and is 5.9% above November 2010 when it stood at 94.5. The October upward revision resulted in a 10.4% monthly gain.

November 30, 2011

The Pending Home Sales Index from the National Association of Realtors (NAR) rose in October on both a month-to-month and year-over-year basis.

The forward-looking indicator based on contract signings jumped 10.4% to an index of 93.3 in October, compared with a reading of 84.5 in September. The latest figure is up 9.2% compared with October 2010.

October 28, 2011

The Pending Home Sales Index, a forward-looking indicator based on contract signings, fell 4.6% to 84.5 in September from 88.6 in August but is 6.4% higher than September 2010 when it stood at 79.4, according to the National Association of Realtors. The data reflects contracts but not closings.

August 30, 2011

The National Association of Realtors (NAR) has reported a 1.3% decline in pending home sales in July, as measured by signed contracts for the sale of existing homes. All regions show monthly declines except for the West, which continues to show the highest level of sales contract activity.

The Pending Home Sales Index (PHSI) for July 2011 did rise above last July’s number by 14.4%, however. 

March 1, 2011

Pending home sales are down in January for the second straight month, and are down 1.5% compared with the January 2010 figure, according to the National Association of Realtors (NAR).

The Pending Home Sales Index, a forward-looking indicator, declined 2.8% to 88.9 based on contracts signed in January from a downwardly revised 91.5 in December. The index is 1.5% below the 90.3 level in January 2010 when a tax credit stimulus was in place. The data reflects contracts and not closings, which normally occur with a lag time of one or two months.

January 31, 2011

Pending home sales improved again in December, making this the fifth gain in the past six months, according to the National Association of Realtors.

The Pending Home Sales Index, a forward-looking indicator, increased 2.0% to 93.7 based on contracts signed in December from a downwardly revised 91.9 in November. The index is 4.2% below December 2009, when it was 97.8.

September 1, 2010

The Pending Home Sales Index, a forward-looking indicator, rose 5.2% to 79.4 based on contracts...

December 8, 2008

Pending home sales eased against a deteriorating economic backdrop but remain in a stable range,...

November 9, 2008

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in September, fell...

July 7, 2008

The National Association of Realtors also released predictions for a number of other housing indicators,...

June 9, 2008

The Pending Home Sales Index rose 6.3 percent to 88.2 from a reading of 83...

April 9, 2008

The Pending Home Sales Index fell 1.9 percent month-over-month, but the chief economist for the...

January 8, 2008

Numbers are expected to rise later in 2008 and into 2009....

October 1, 2007

High-cost markets were most affected by contracts falling through at the last minute....

© 2014 Home Channel News. All Rights Reserved.