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 | 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. [...] 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 [...] 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 [...] 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 [...] 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 [...] 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 [...] 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,[...] By:Dennis Norman Lawrence Yun,Chief Economist,NAR We continue to see some encouraging data on the real estate market showing that buyers may be gaining some confidence in the market. To this point, the National Association of REALTORS(R) Pending Home Sales Index Report for May showed a very modest increase of 0.1% on the index,over [...] | ||||
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