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
Pending Home Sales Down 3.8% in December The National Association of Realtors is reporting that pending home sales were down 3.8% in December, 2021. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) dropped to 117.7. However, the NAR says that, overall 2021 was a great period for housing in terms
Pending Home Sales Surge 7.5% in October The National Association of Realtors is reporting that pending home sales were up 7.5% in October, 2021. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) rose to 125.2. The NAR says the market is expected to remain robust with home prices rising at
Pending Home Sales Down 2.3% in September The National Association of Realtors is reporting that pending home sales were down 2.3% in September, 2021. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) fell to 116.7. The NAR says housing supply remains low but they expect inventory to turn the corner
Pending Home Sales Down 1.8% in July The National Association of Realtors is reporting that pending home sales were down 1.8% in July, 2021. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) fell to 110.7. In addition, they report that year-over-year contract signings were also down 8.5%. They say the
