Boston's # 1 Real Estate Investors Association and Community

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

Read More….

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

Read More….

Existing Home Sales Down 7.2% in February

Existing Home Sales Down 7.2% in February The National Association of Realtors is reporting that existing home sales were down 7.2% in February to a seasonally-adjusted annual rate of 6.02 million (down 2.4% from one year ago).  Total housing inventory at the end of February was 870k units, down 16.5% from one year ago.  Unsold

Read More….

New Home Sales Down 4.5% in January

New Home Sales Down 4.5% in January The U.S. Government is reporting that sales of new single-family houses in January, 2021 were at a seasonally adjusted annual rate of 801k, which is 4.5% lower than December’s revised rate and is 19.3% lower than one year ago.  The median sales price of new houses sold in

Read More….

Pending Home Sales Down 3.8% in December

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

Read More….

Pin It on Pinterest