Pending home sales rise for 15th straight month

Pending home sales rise for 15th straight month

Pending home sales here climbed for the fourth consecutive month in August, according to a new report. There were 388 homes placed under contract last month, an increase of 15.8 percent from..

What happened: The pending-home sales index, which tracks home-contract signings, has been volatile over the past few months, but the trend for housing has generally been down. March marked the 15th.

Pending home sales in the South rose 5.2% to an index of 111.7 in July and are 15.6% above a year ago. In the West the index slipped 1.7% in July to 109.9 but is 1.3% higher than July 2011.

a 15 percent hike. This is the 13th-straight month of year-over-year increases and the most homes put under agreement in March since 2004 when there were 5,501 homes. As pending sales rose so did.

Home prices appear to be rising and mortgage rates should too. Related articles "Homes Under Contract" Surge In north georgia (thefrontporchview.com) Home Prices Rise For The 2nd straight month (thefrontporchview.com) Pending Home Sales Unexpectedly Spike In May (thefrontporchview.com)

The Pending. straight month of month-over-month increases, November’s numbers also further solidify long-term trends. Compared to last November, the newest index results represent a 9.8% gain. On a.

WASHINGTON – Pending home sales rose in May for the fourth straight month. April and the fact that May sustained this rise does indicate that actual existing-home sales are poised to rise in the.

For the 10th month straight, pending sales weakened, according to the National Association of REALTORS® (NAR) October Pending Home Sales Index (PHSI. tumbled 8.9 percent from September and 15.3.

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Pending Home Sales for June 2019 will be released on Tuesday, July 30, 2019 at 10:00 a.m. Eastern. The NAR Public Affairs Office issues a news release on or near the 25th of each month with the latest existing-home sales figures.

A "pending home sale" is a home under contract to sell, but not yet closed. The forward-looking Pending Home Sales Index is up 11 percent from its low of the year, according to the National Association of REALTORS, and well ahead of its rolling 6-month average.

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Existing-home sales in central indiana rose 4.3 percent in January, marking the 15th straight month of rising home deals. The increase came despite a continuing rise in prices and a decline in.

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