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NAR: Pending home sales up 10.3% from last year

6 days ago · Pending home sales increased 1.1% in May following a 1.5% slip in April, the National Association of Realtors (NAR) reported. The Pending Home Sales Index (PHSI), a forward-looking indicator based on contract signings, climbed to 105.4 in.

Pending Home Sales Make End-of-Year Push Share This Post Now! Pending home sales made an end-of-year push in December, picking up 1.6 percent from November in the National Association of REALTORS.

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Ryan Haar, Bloomberg Contract signings to purchase previously owned U.S. homes increased in May. Contract signings were.

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The national median sale price of an existing single-family home was $206,200 in the fourth quarter, down 5.8 percent from the previous year when the median price was $219,000. Median sale prices fell in the fourth quarter in all four U.S. regions, with declines of 3.2 percent in the Midwest; 4.8 percent in the Northeast; 5.4 percent in the South; and 8.7 percent in the West.

according to NAR’s Pending Home Sales Index. As of the end of January the index stood at 104.6, down from a downwardly revised score of 109.8 in December. After last month’s retreat, the index is now.

The Pending Home Sales Index, a forward-looking indicator based on contract signings, moved forward 4.6% in January to 103.2, up from 98.7 in December. However, year over year, contract signings.

Pending home sales (contracts signed) dipped 1.5% nationally, down 2.0% year-over-year, according to the National Association of Realtors (NAR). This marks the 16th consecutive month of annual.

Pending home sales dropped 1% in February, declining 4.9% from last year, according. reported slight declines. NAR’s chief economist, Lawrence Yun, said that considering the fact that January’s.

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“Month-to-month movements can be instructive, but in this uneven recovery it’s important to look at the longer term performance,” said Lawrence Yun, NAR chief economist. “Pending home sales have.

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