NAR: Pending home sales up 10.3% from last year

It was down 1.4% from an all-time high in June, but was still up 5.3% from the same month a year ago. However, buying an older home still cost much less than buying a new one.

nar: pending home sales up 10.3% from last year Contents 4 straight months Home sales sprang Pending homes sales index decreased 2018 Women of Influence: Nancy Jardini Chapter 1 A Strong Business 01. At Fannie Mae, we’re proud of the work we do to support the housing market.

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C.A.R.'s California & County Sales & Price Report for detached homes are generated from a survey of. Median Sold Price of Existing Single-Family Homes .

According to new figures released by the ""National Association of Realtors"":http://www.realtor.org (NAR), pending home sales show. Yun predicts that existing-home sales should trend up through.

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 · The National Association of Realtors (NAR) reported that its Pending Home Sales Index (PHSI) was up reached 105.4 in May, up 1.1 percent from 104.3 in April. Compared to last year, contract signings dropped by 0.7 percent-May is the 17th straight month of annual decreases.

Year-over-year the pending homes sales index decreased 1.3% from last. nar chief economist lawrence Yun said. “The housing market remains stuck in a holding pattern with little signs of breaking.

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Sales of existing single-family homes were up 6.3 percent when compared to last February with half of all counties improving from last year, while the rest dipped on a year-over-year basis. The Southern California market was not as robust as the Bay Area and the Central Valley with an overall sales decline of 2.8 percent when compared to last.

 · NAR: Pending home sales up 10.3% from last year Alcynna Lloyd is a reporter at HousingWire. Lloyd has a degree in broadcast journalism from the University of North Texas.

The index is derived from a base of 100 representing the average level of contract activity during 2001, the year the index was established. NAR notes. performance. Pending home sales have trended.

 · Regionally, pending sales were up. The Northeast saw a 10.3% gain to 96.0, and sales grew 0.7% to 98.9 in the Midwest, while rising 3.0% in the South to 125.7 , and climbing 0.4% in the West to 96.9.