By Dennis Norman, on February 2nd, 2010
Dennis Norman
Today the National Association of REALTORS released it’s December Pending Home Sales Index showing an increase of 1.0 percent in the index from November (seasonally adjusted) and a 10.9 percent increase from last year.
Here are highlights from the report:
December’’s pending home sales index (seasonally adjusted) was 96.6 (the index is based upon 100.0 being [...]
By Dennis Norman, on January 5th, 2010
Dennis Norman
Or should I say “It’s all in the headline”?
So what am I talking about? The pending home sales data that was released by the National Association of REALTORS today, of course. Actually I could be referring to any data on the housing market whether new home sales, foreclosure rates, interest rates, existing home sales or inventories [...]
By Dennis Norman, on December 1st, 2009
Lawrence Yun, Chief Economist, NAR
Is the increase real or have the tax-credits created an “artificial” market that cannot be sustained?
Today the National Association of REALTORS(R) issued their Pending Home Sales Index Report for October showing pending sales in the U.S. rose again for the ninth consecutive month – marking the longest streak since since [...]
By Dennis Norman, on November 2nd, 2009
Lawrence Yun, Chief Economist, NAR
Today the National Association of REALTORS(R) issued their Pending Home Sales Index Report for September showing pending sales in the U.S. rose again for the eighth consecutive month – marking the longest streak since since NAR began the pending home sale index in 2001.
As I have expressed previously, I’m somewhat cautious [...]
By Dennis Norman, on August 4th, 2009
Lawrence Yun, Chief Economist, NAR
The real estate market continues to show signs of life and continues to point to the possibility that we have hit bottom. Today the National Association of REALTORS(R) issued their Pending Home Sales Index Report for June which showed pending sales were up for the fifth consecutive month, the first [...]
By Dennis Norman, on July 7th, 2009
By: Dennis Norman
Lawrence Yun, Chief Economist, NAR
It appears that lower prices along with low interest rates are bringing buyers back into the market as the market continues to show signs of life and gives us hope that we may be near the bottom.
The National Association of REALTORS(R) issued their Pending Home Sales Index Report [...]
By Dennis Norman, on December 11th, 2008
By: Dennis Norman
The National Association of REALTORS(R) announced that pending home sales for October, which were just released, show housing sales may be stabilizing which is good news. Even though the index showed a .7% decline from September and a 1% decrease from October 2007, Laurence Yun, the chief economist for the National Association of [...]
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