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Realtor Pending Home Sales Index shows Real Estate Market Leveling off

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 [...]

Let's play 'spin the data'

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 [...]

Pending home sales rise for ninth consecutive month

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 [...]

Pending home sales rise for eighth consecutive month

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 [...]

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 [...]

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 [...]