NAR: Pending home sales fall in November

Overall pending home sales in the U.S. fell in November as multiple markets struggle with record low inventories of homes for sale. Even so, economists say they’re optimistic that buyers will have more opportunities to buy a home next year. The National Association of Realtors reported that its Pending Home Sales Index dropped 2.2% in

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Unexpected fall in pending home sales in September

Pending home sales, a key measure of signed contracts to buy existing homes, unexpectedly dropped by 2.3% in September compared to a month ago. The National Association of Realtors said sales may have dropped due to higher mortgage rates. Analysts were expecting a small monthly gain in pending home sales. The average 30-year fixed-rate mortgage

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Pending home sales are down, but prospects for 2019 are good

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.

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Housing inventory shows signs of bouncing back

The National Association of Realtors says it’s optimistic the dwindling home sales that have plagued the real estate market this year could be about to reverse course in the coming months.

NAR’s Yun warns of summer housing market “test” as sales continue to fall

The National Association of Realtors is reporting that pending home sales have fallen for a fifth consecutive month, and says it’s a sign that this year’s spring buying season hasn’t lived up to the hype.

Pending home sales rise boosts housing market optimism

Pending home sales, a forward-looking indicator based on contract signings, reached a new seven-month high at the end of February, thanks to a big boost of sales activity in the Midwest, according to the National Association of Realtors (NAR).

Pending home sales decline 2.5% in January

Following the highest average year for the index in nearly a decade, pending home sales declined to begin 2016 but remained slightly higher than a year ago, according to the National Association of Realtors

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