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Articles Recently Tagged: Pending Home Sales Index

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Pending Home Sales Drop, Inventory Ticking Up

Pending Home Sales Drop, Inventory Ticking Up

Having dropped 1.9 percent in June, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, dropped another 1.8 percent in July to 110.7 and is now down 8.5 percent on a year-over-year basis, a sharp reversal... Read More »

Pending Home Sales Slip Despite an Uptick in Inventory

Pending Home Sales Slip Despite an Uptick in Inventory

Having rebounded in May, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity dropped 1.9 percent in June to 112.8 and is down 1.9 percent on a year-over-year basis, a move which shouldn’t catch any plugged-in... Read More »

Benchmark Mortgage Rate Drops, Nearing an All-Time Low

Benchmark Mortgage Rate Drops, Nearing an All-Time Low

Having inched down to a five-month low last week, the average rate for a benchmark 30-year mortgage has since dropped another 10 basis points (0.10 percentage points) to 2.78 percent, which is 23 basis below its mark at the same time last year and within 13 basis points of... Read More »

Pending Home Sales Rebounded 8 Percent in May, But…

Pending Home Sales Rebounded 8 Percent in May, But…

Having dropped 4.4 percent in April to 106.2, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, rebounded 8.0 percent in May to 114.7, which was 13.1 percent higher than at the same time last year... Read More »

Pending Home Sales in the U.S. Drop

Pending Home Sales in the U.S. Drop

As we noted last month, with mortgage application volumes across the nation having declined, the National Association of Realtors Pending Home Sales Index was poised to drop despite having ticked up in March. And in fact, the Pending Home Sales Index, a seasonally adjusted index for which 100 denotes... Read More »

Pending Home Sales in the U.S. Ticked Up in March, but…

Pending Home Sales in the U.S. Ticked Up in March, but…

Having dropped over 10 percent in February, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, ticked up 1.9 percent in March to 111.3, ending a six-week decline for the index which peaked at 132.8 in... Read More »

Pending Home Sales Drop Over 10 Percent Nationally

Pending Home Sales Drop Over 10 Percent Nationally

Having ticked down 2.8 percent in January, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, dropped 10.6 percent in February to 110.3, representing the sixth consecutive month-over-month decline for the index which peaked at 132.8... Read More »

Pending Home Sales Drop 2.8 Percent Nationally

Pending Home Sales Drop 2.8 Percent Nationally

Having slipped in December, the National Association of Realtors Pending Home Sales Index, a seasonally adjusted index for which 100 denotes “an average level” of activity, dropped 2.8 percent in January to 122.8, representing the fifth consecutive month-over-month decline for the index which peaked at 132.8 in August of... Read More »

Pending Home Sales Tick Down 2.6 Percent Nationally

Pending Home Sales Tick Down 2.6 Percent Nationally

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 »

Pending Home Sales in the U.S. Slip One Percent

Pending Home Sales in the U.S. Slip One Percent

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 »