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Tag Archives: Pending Home Sales Index

Tracking Pending Home Sales in the U.S.

pending home sales

Pending home sales grew for the second-consecutive month in June, as the National Association of Realtors (NAR) announced the Pending Home Sales Index rose 2.8%, and year-over-year contract ...

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Report Finds Supply & Demand Growth is Driving Housing Market to New Highs

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Healthy demand and 4 percent month-over-month growth in supply are pushing housing markets to their best position since 2006, maintaining their springtime momentum and increasing sales in June 2015, according to Realtor.com’s ‘Advance Read on June Trends’ released today. Realtor.com also listed markets that receive double or triple the amount of views per listing on the site compared to national average.

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Pending Home Sales at Highest Level Since 2006

The National Association of Realtors (NAR) recently reported in their Pending Home Sales Index (PHSI) that, pending home sales increased in April for the fourth consecutive month and reached their highest peak in nine years. All four major regions saw growth in April, led by the Northeast and Midwest.

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Pending Home Sales Rise for Fifth Consecutive Month

NAR Chief Economist Lawrence Yun said traditional buyers saw more favorable conditions entering the market this year, citing all-cash sales and sales to investors were both down from a year ago, which created less competition and relief for buyers who still face the challenge of seeing limited homes available for sale.

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