With pending home sales activity in the U.S. having started to slip at the end of last year, mortgage loan application volumes have slipped as well, with application volumes for purchase loans down 0.8 percent on a seasonally and holiday adjusted basis over the past two weeks, with a... Read More »

Having slipped one (1) percent in October, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, ticked down another 2.6 percent in November to 125.7 but is still 16.4 percent above its mark at the same... Read More »

Having slipped 2.2 percent in September from an all-time high in August, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, ticked down another 1.1 percent in October to 128.9 but remains 20.2 percent above its... Read More »

Having hit a 14-year high in August and then jumped another 9.4 percent in September, the seasonally adjusted pace of existing-home sales across the U.S. ticked up another 4.3 percent in October to an annual rate of 6.85 million sales, a pace which is 26.6 percent higher than at... Read More »

Having jumped to an all-time high in August, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, slipped 2.2 percent in September to 130.0 but remains 20.5 percent above its mark at the same time last... Read More »

Having ticked up 5.9 percent in July, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, rose another 9.8 percent in August to an all-time high of 132.8 and is now running 24.2 percent above its... Read More »

Having rebounded 44 percent in May and then jumped another 16.6 percent in June, following two months of twenty-plus percent declines, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, ticked up 5.9 percent in July... Read More »

Having bottomed out at the end of April, at which point they were down nearly 50 percent on a year-over-year basis, the number of homes in contract to be sold started to rebound in May; turned positive, on a year-over-year basis, back in June; and were up sharply in... Read More »

Having rebounded 44 percent in May following two months of twenty-plus percent declines, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, jumped another 16.6 percent in June to an above-average 116.1, which is 6.3 percent... Read More »

Having bottomed out at the end of April, at which point they were down nearly 50 percent on a year-over-year basis, the number of homes in contract to be sold started to rebound in May and turned positive, on a year-over-year basis, last month. In fact, pending home sales... Read More »