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Home Sales Jump In February

Dennis Norman

 Today the National Association of REALTORS released it’s February Pending Home Sales Index showing a increase of 8.2 percent (seasonally adjusted) in the index from January and a 17.3 percent increase from last year.

Here are highlights from the report:

January”s pending home sales index (seasonally adjusted) was 97.6 (the index is based upon 100.0 being equal to

Continue reading… Home Sales Jump In February

Pending Home Sales Drop In January; Weather Named as Cause

Dennis Norman

 Today the National Association of REALTORS released it’s January Pending Home Sales Index showing a decrease of 7.6 percent in the index from December, 2009 to January 2010 (seasonally adjusted) and a 12.3 percent increase from last year.

Here are highlights from the report:

January”s pending home sales index (seasonally adjusted) was 90.4 (the index is based

Continue reading… Pending Home Sales Drop In January; Weather Named as Cause

Home sales increase in July; sixth consecutive monthly increase in pending home sales

Lawrence Yun, Chief Economist, NAR

By: Dennis Norman

Today the National Association of REALTORS(R) issued their Pending Home Sales Index Report for July showing pending sales in the U.S. were up for the sixth consecutive month, the best streak since NAR began the pending home sale index in 2001.

Pending home sales in the U.S. for July

Continue reading… Home sales increase in July; sixth consecutive monthly increase in pending home sales

Pending home sales increase for 5th month in a row in June
First time in 6 years for such a streak

Lawrence Yun, Chief Economist, NAR

By: Dennis Norman

Today the National Association of REALTORS(R) issued their Pending Home Sales Index Report for June showing pending sales were up for the fifth consecutive month, the first time in six-years for such a streak.  This along, with other recent good reports on housing, indicate the strong possibility that

Continue reading… Pending home sales increase for 5th month in a row in June
First time in 6 years for such a streak

Pending home sales increase again in May – Fourth month in a row

By: Dennis Norman

Lawrence Yun, Chief Economist, NAR

The National Association of REALTORS(R) issued their Pending Home Sales Index Report for May which showed a very modest increase of 0.1% on the index, over April, however May marks the fourth month in a row the index has increased.  It was almost five years ago (October, 2004) the last

Continue reading… Pending home sales increase again in May – Fourth month in a row