Pending Home Sales Index Fell 2.8% In January
Pending home sales fell rose 2.0% in January vs. revised (down from +2.0%) fall of 3.2% in December. On year level, the index is down 1.6%.
Posts Tagged ‘Pending Home Sales’
Pending Home Sales Index Rose 2.0% In December
Pending home sales index rose 2.0% In December vs. revised (down from 3.5%) rise of 3.1% in November. On year level, the index is down 4.2%.
To repeat: Generally rising pending home sales are positive for the economy, but currently and until excess unsold housing inventory is cleared rising pending home sales index mean more foreclosed homes are being sold at depressed prices which is a sign of additional pressure on home prices.
Pending Home Sales Index Rose 3.5% In November
Pending home sales index rose 3.5% In November vs. revised rise of 10.1% in October. On year level, the index is down 4.9%.
Generally rising pending home sales are positive for the economy, but currently and until excess unsold housing inventory is cleared rising pending home sales index mean more foreclosed homes are being sold at depressed prices which is a sign of additional pressure on home prices.
Pending Home Sales Index Rose 10.4% In October
Pending home sales index rose 10.4% in October vs. fall of 1.8% in September. On year level, the index is down 20.6%,
Pending Home Sales Index Rose 4.3% In August
(For August 2010) Pending home sales index rose 4.3% in August vs. revised rise of 4.5% in July. On year level, the index is down 20.1%, Chart 1. Pending Home Sales Index
Pending Home Sales Index Rose 5.2% In July
(For July 2010) Pending home sales index rose 5.2% in July vs. revised fall of 2.8% in June. Chart 1. Pending Home Sales Index
New All-Time Low For Pending Home Sales Index
Pending home sales index fell 2.6% in June vs. revised fall of 29.9% in May. New all-time low. Chart 1. Pending Home Sales Index
Pending Home Sales Index Fell 30.0% In May
Pending home sales index fell 30.0% in May vs. rise of 6% in April. Again first home-buyer tax credit effect… Chart 1. Pending Home Sales Index
Pending Home Sales Index Rose 5.3% In March
Pending home sales index rose 5.3% in March. Again first home-buyer tax credit effect… Chart 1. Pending Home Sales Index
Pending Home Sales Index Rose 8.2% In February
Pending home sales index rose 8.2% in February. This is the single positive data point on U.S. housing in couple of months. Chart 1. Pending Home Sales Index
Pending Home Sales Index Fell 7.6% In January
Apparently it is all about the weather. From the Press release: Lawrence Yun, NAR chief economist, said weather is likely to impact housing data. “January pending sales, though still higher than one year ago, remain much lower than expected given that a large number of potential buyers are eligible for the expanded home buyer tax […]