Pending Home Sales Down 1% in July The National Association of Realtors is reporting that pending home sales were down 1% in July, 2022. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) dipped to 89.8. The NAR once again predicts home sales should start to rise by early 2023. Indeed…
Pending Home Sales Drop 8.6% in June The National Association of Realtors is reporting that pending home sales were down 8.6% in June, 2022. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) dipped to 99.1. The NAR predicts home sales should start to rebound by early 2023. Indeed… “Home sales
Pending Home Sales Up 0.7% in May The National Association of Realtors is reporting that pending home sales were up 0.7% in May, 2022. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) climbed to 99.9. The NAR says pending home sales broke a six-month skid with this slight rise. “Despite
Pending Home Sales Down 3.9% in April The National Association of Realtors is reporting that pending home sales were down 3.9% in April, 2022. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) dropped to 99.3, down 3.9% month-pver-month. Pending sales have now dropped for eleven consecutive months. “Pending contracts are
Pending Home Sales Drop 1.2% in March The National Association of Realtors is reporting that pending home sales were down 1.2% in March, 2022. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) dropped to 103.7. “The falling contract signings are implying that multiple offers will soon dissipate and be replaced
Pending Home Sales Dip 4.1% in February The National Association of Realtors is reporting that pending home sales were down 4.1% in February, 2022. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) dropped to 104.9. The NAR says low inventory is still a major problem. Indeed… “Pending transactions diminished in
