After 3 straight months of gains, the Pending Home Sales Index slipped 1 percent in July. [...]
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Existing Home Sales nationwide fell to 4.67 million units on a seasonally-adjusted annualized basis last month. It’s the fourth straight month below the 5 million mark, and the report’s lowest reading since November 2010. [...] Buyers are writing contracts at a furious pace nationwide. On a seasonally-adjusted basis, the Pending Home Sales Index rose 2 percent last month to reach its highest level since March. [...] Home resales slipped for the 3rd straight month, according to data from the National Association of REALTORS®. Sales volume is at an eight-month low. [...] Home resales slipped 4 percent in May, falling below the 5,000,000-unit mark on a seasonally-adjusted, annualized basis for the first time since February. [...] Hurt by foul weather and a soft market, the Pending Home Sales Index plunged 12 percent in April. [...] The housing market recovery stalled last month. At least temporarily. [...] The National Association of REALTORS® Pending Home Sales Index rose for the third straight month last month. [...] Home resales rose 4 percent last month, according to the March Existing Home Sales report. A total of 5.1 million homes were sold on an annualized, seasonally-adjusted basis. [...] February’s Pending Home Sales Index rebound breaks a 2-month losing streak, and reverses recent downward momentum in housing. [...] |
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