Precursor to Existing-Home Sales Heads Higher

Pending sales of existing homes rose again in March, according to data released Thursday by the National Association of Realtors (NAR). The trade group’s monthly reading of contract signings – which is a forward-looking indicator of where sales of previously owned homes will likely be within one to two months – rose 5.1 percent in …

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Pending home sales rise again in March

Video is from www.Realtor.org. Pending home sales increased again in March, affirming that a surge of home sales is unfolding for the spring home buying season, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contracts signed in March, rose 5.3 percent to 102.9 from 97.7 in …

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Pending Sales of Existing Homes Rise 2%

The number of contracts signed for purchases of previously owned homes rose again in December, according to data released by the National Association of Realtors (NAR) Thursday. The trade group’s pending home sales index increased 2.0 percent compared to its November reading, which was revised downward. The index is based on contracts signed in December, …

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