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Pending Home Sales Down 1% in July

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…

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Pending Home Sales Drop 8.6% in June

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

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Pending Home Sales Up 0.7% in May

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

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Pending Home Sales Down 3.9% in April

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

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Pending Home Sales Drop 1.2% in March

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

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Pending Home Sales Dip 4.1% in February

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

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