Pending home sales rise for 3rd month, driven by higher inventory

Driven by an improved housing inventory, pending home sales rose modestly in October, marking its third-consecutive monthly increase, according to data released on Wednesday by NAR. Continue reading

Pending home sales take a hit in September: NAR

Slowed contract signings in September are a likely sign that home price growth will soon come back down to earth, NAR Chief Economist Lawrence Yun said. Continue reading

Pending home sales fall further than expected in June

Pending home sales dropped 1.9% in June, and 1.9% year over year to an index of 112.8, according to the National Association of Realtors’ Pending Home Sales Index, released Thursday. Continue reading

Pending-home sales take 4.4% hit in April

In a reversal from the previous month, pending-home sales decreased in all regions except the Midwest, which saw gains of 3.5 percent from March to April. Continue reading