Pending home sales hit two-year high: NAR

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Pending home sales rose for the third straight month in March, and according to the National Association of Realtors (nar) pending home sales index, they’re at their highest point since June 2013.

Pending home sales hit 3-year low.. The Pending Home Sales Index fell 4.7% to 104.6 in January from the revised 109.8 in December, according to the National Association of Realtors (NAR)..

January Pending Home Sales Rise, but Real Estate ETF ‘VNQ’ Falls 1 More In December, the National Association of Home Builders/Wells Fargo Housing Market Index hit a three-year low.

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Singam 3 - Tamil Full Movie | Suriya | Anushka Shetty | Shruti Haasan | Harris Jayaraj | Hari The Pending. a two-year high of 4.51% in late june. june marks the 26 th straight month that pending sales have clocked in above year-ago levels. The June index is 10.9% above the year-ago reading..

Pending Home Sales Hit Two Year High In May – – The National Association of Realtors’ Pending Home Sales Index is a forward-looking indicator based on contract signings but not closings. In May, the index climbed 5.9 percent from the previous month and is 13.3 percent above year-before levels.

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The National Association of Realtors is America’s largest trade association, representing more than 1.3 million members involved in all aspects of the residential and commercial real estate industries. # # # *The Pending Home Sales Index is a leading indicator for the housing sector, based on pending sales of existing homes. A sale is.

Contracts to buy previously owned homes rose to an eight-month high in March, the National Association of Realtors said on Tuesday. The NAR’s pending home sales index increased to a reading of 105.8, up 3.8 percent from the prior month and the highest since July. February’s index was unrevised at 101.9.

Aside from spikes induced by homebuyer tax credits in 2010, the last index high before 2010 occurred in February 2007 when NAR’s index reached 107.9, the association said. The NAR pending home sales index – which measure contract signings on homes – increased 4.5% to 105.9 in January, compared to a score of 101.3 in December.

Mortgage rates hovering near an almost two-year low. that median selling prices were too high for average wage earners in three-fourths of the nation’s real estate markets during this.

February’s pending home sales sprang up 3.1 percent in the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI. to be some sales swings in the Northeast, which was hit with a.

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