With consumers growing increasingly concerned about the economy and home prices increasing more, pending home sales slumped at the end of 2018, according to new data from the National Association of Realtors. The NAR’s Pending Home Sales Index is said to be a key forward-looking indicator of real estate market activity, based on contract signings.
NAR forecasts better days for real estate in 2019
January 4, 2019 by
The National Association of Realtors has just published its latest housing report, showing that pending home sales fell slightly in November. However, the NAR says a reversal is within sight and that it is optimistic about the state of housing in 2019. The NAR’s Pending Home Sales Index is often seen as an important forward-looking
Home sales hit hard by low housing inventory supply
September 1, 2017 by
Last month saw the number of new contract signings slump quite dramatically, as the industry suffers from an acute shortage of available housing inventory, the National Association of Realtors said on Thursday. The NAR’s Pending Home Sales Index, which is a forward-looking indicator based on contract signings, found that the only U.S. region to see
Pending home sales hit 2nd-highest level since May 2006
April 3, 2017 by
There was good news for housing markets in the last month as pending home sales bounced back to their highest level in almost one year, and second-highest level in over a decade, last month.
Home values up by 7% in 2016
January 23, 2017 by
The last month of 2016 saw big gains in the housing market, with home values rising by 6.8 percent compared to one year before.
Pending home sales decline in November
December 29, 2016 by
Pending home sales dipped in November to their lowest level in nearly a year as the brisk upswing in mortgage rates and not enough inventory dispirited some would-be buyers
Contract signings down again as low inventory holds back the market
September 30, 2016 by
Pending home sales declined for the third time in four months this August, falling to their lowest level since January of this, according to the National Association of Realtors (NAR).
Home values rise by 5% in the last year, Zillow says
September 26, 2016 by
U.S. home values have risen 5 percent over the past year, reaching a Zillow Home Value Index (ZHVI) of $188,100
Real estate tech market to become “more competitive” in 2016
June 8, 2016 by
MetaProp NYC, a real estate tech accelerator based in New York City, has just created a new index that measures the health of the real estate technology market according to the views of investors and startup founders worldwide. T
Cruvita shakes up school rankings with School Score index
April 4, 2016 by
Real estate listings website Cruvita.com has set itself the task of making home search that much easier with its new Cruvita School Score index.
