NAR: Pending home sales up 10.3% from last year

With June’s increase, the index is up 2.5%. “After two straight months of pending sales declines, home shoppers in a majority of markets had a little more success finding a home to buy last month,”.

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December 2018 pending home sales nar released a summary of pending home sales data showing that December’s pending home sales pace was down 2.2 percent last month and fell 9.8 percent from a year ago. pending sales represent homes that have a.

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Pending home sales down again in August This year’s housing production may fall below the pace of 2016. (NAR) reports its Pending Home Sales Index. Last year, existing sales rose 3.8 percent.

consecutive month, up 3.6% from May and up 6.7% year-over-year. The NAR reported that activity remained stronger among lower-priced homes. According to the NAR report, cancellations of pending home sales have been elevated in recent months, resulting in more muted gains in existing home sales. However, the NAR president was

the pending home sales report The report announced that pending home sales (homes going into contract) are down 2.3% from last year and have continued to fall on.

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 · In the Midwest, pending home sales rose 2.9 percent compared to April to an index of 101.4 in May, but is still 2.5 percent lower than a year ago. “pending home sales underperformed once again in May, declining for the second straight month and coming in at the second lowest level over the past year,” noted Lawrence Yun, NAR chief economist.

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The NAR Pending Home. since December of last year, and NAR is blaming the influence of declining home affordability, lower consumer confidence and a government shutdown that shook up both.

NAR: Monthly existing home sales fall 0.4% in April Existing-home sales in the South modestly dropped 0.4% to an annual rate of 2.27 million in April, down 1.7% from a year ago. The median price in the South was $236,800, up 4.4% from a year ago.

US existing-home sales cratered to 4.99 million in December, 10.3% below the mark from the year-ago period. That followed year-over-year declines of 7.8% in November and 5.1% in October, according.

NAR: Pending home sales up 10.3% from last year Alcynna Lloyd is a reporter at HousingWire. Lloyd has a degree in broadcast journalism from the University of North Texas. The median price in the Northeast was $261,400, up 3% compared with November of last year.

The National Association of Realtors (nar) pending home sales. increased sales activity as we enter the summer.” Freddie Mac reported that the 30-year fixed-rate mortgage (FRM) averaged 3.99.