By Dennis Norman, on September 2nd, 2010
Dennis Norman
After hitting all-time low in June, pending home sales increase 5.2 percent in July
The National Association of REALTORS Pending Home Sales Index for July shows an increase of 5.2 percent in the index in July (seasonally adjusted) which is 19.1 percent below July 2009.
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By Dennis Norman, on August 3rd, 2010
Dennis Norman
NAR Pending Home Sales Index at Lowest Level Since Index Began in 2001
At dropping 30 percent in May as a result of the rush to buy a home before the April 30th tax credit deadline, the National Association of REALTORS Pending Home Sales Index for June shows a further decline of 2.6 percent in
Continue reading… Pending Home Sales Hit a new Record-Low in June
By Dennis Norman, on July 1st, 2010
Dennis Norman
There was no question in my mind that home sales would plummet after the April 30th deadline to buy a home and qualify for the home-buyer tax credit passed, the only question was how bad? Today the National Association of REALTORS released it’s Pending Home Sales Index for May showing a decrease of 30.0
Continue reading… Pending Home Sales Index For May Drops to Lowest Level In History of Index
By Dennis Norman, on June 2nd, 2010
Dennis Norman
Today the National Association of REALTORS released it’s Pending Home Sales Index for April showing an increase of 6.0 percent in the index from March (seasonally adjusted) and a whopping 22.4 percent increase from April 2009. This comes on the heels of a 5.3 percent increase in March and an 8.3
Continue reading… Pending Home Sales Increase In April as Buyers Rush to Beat Tax Credit Deadline
By Dennis Norman, on May 4th, 2010
Dennis Norman
Today the National Association of REALTORS released it’s Pending Home Sales Index for March showing an increase of 5.3 percent in the index from February (seasonally adjusted) and a whopping 21.1 percent increase from March 2009. This follows an 8.3 percent increase in February so it is definitely creating a nice
Continue reading… Pending Home Sales Continue On The Rise In March
By Dennis Norman, on February 2nd, 2010
Dennis Norman
Today the National Association of REALTORS released it’s December Pending Home Sales Index showing an increase of 1.0 percent in the index from November (seasonally adjusted) and a 10.9 percent increase from last year.
Here are highlights from the report:
December”s pending home sales index (seasonally adjusted) was 96.6 (the index is based upon
Continue reading… Realtor Pending Home Sales Index shows Real Estate Market Leveling off
By Dennis Norman, on January 6th, 2010
Dennis Norman
Or should I say “It’s all in the headline”?
So what am I talking about? The pending home sales data that was released by the National Association of REALTORS today, of course. Actually I could be referring to any data on the housing market whether new home sales, foreclosure rates, interest rates, existing home sales
Continue reading… Let’s play ‘spin the data’
By Dennis Norman, on December 1st, 2009
Lawrence Yun, Chief Economist, NAR
Is the increase real or have the tax-credits created an “artificial” market that cannot be sustained?
Today the National Association of REALTORS(R) issued their Pending Home Sales Index Report for October showing pending sales in the U.S. rose again for the ninth consecutive month – marking the longest streak since since
Continue reading… Pending home sales rise for ninth consecutive month
By Dennis Norman, on November 2nd, 2009
Lawrence Yun, Chief Economist, NAR
Today the National Association of REALTORS(R) issued their Pending Home Sales Index Report for September showing pending sales in the U.S. rose again for the eighth consecutive month – marking the longest streak since since NAR began the pending home sale index in 2001.
As I have expressed previously, I’m somewhat
Continue reading… Pending home sales rise for eighth consecutive month
By Dennis Norman, on August 4th, 2009
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
By Dennis Norman, on July 7th, 2009
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