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 »

For the first time since San Francisco’s stay-at-home order was issued in March, the number of homes in contract to be sold is effectively even on a year-over-year basis. That being said, the rebound in “pent up” sales activity, which was down nearly 50 percent at its nadir in... Read More »

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, rounded 44.3 percent in May to 99.6 but remains 5.1 percent below its mark at the same time last year... Read More »

While the number of homes newly listed for sale in San Francisco having outpaced the number of purchase contracts that were inked for the ninth week in a row, there are now 1,050 homes listed for sale across the city. That’s not only a 9-year seasonal high but a... Read More »

With purchase activity having started to rebound last month, the number of homes in contract to be sold across San Francisco is now back to within 5 percent of its mark at the same time last year. That being said, the pace of sales has been down an average... Read More »

With the number of homes newly listed for sale in San Francisco having outpaced the number of purchase contracts that were inked for the eighth week in a row, there are now 1,000 homes listed for sale across the city. That’s 40 percent more inventory than at the same... Read More »