Pending home sales hit two-year high: NAR

Pending home sales – sales contracts that have yet to close – hit a two-year high in January, the National Association of Realtors said Monday, approaching levels last seen during the federal.

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 · Pending home sales (contracts signed) dipped 1.5% nationally, down 2.0% year-over-year, according to the National Association of Realtors (NAR). This marks the 16th consecutive month of.

McKey told Senators that Realtors say that excessive flood insurance costs.. It's the highest share for the first six months of any year since 2000 – the. many of the states hit hardest by the housing crisis have now dropped below. Last week, the National Association of Realtors (NAR) released their Pending Home Sales.

Pending home sales hit 2-1/2 year high In this Wednesday, Oct. 10, 2012, photo, an under contract sign sits outside a home in Glen, Ill. Contracts to buy previously owned homes rose in November.

US pending home sales hit 2-1/2 year high in November. Contracts to buy previously owned US homes rose in November to their highest level in 2-1/2 years, an industry group said on Friday, further.

Contracts to buy previously owned homes rose to an eight-month high in March, the National Association of Realtors said on Tuesday. The NAR’s pending home sales index increased to a reading of 105.8, up 3.8 percent from the prior month and the highest since July. February’s index was unrevised at 101.9.

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The number of contracts signed to buy previously owned homes rose 1.4% in March to hit its highest level in. that prices in the West have risen so high that demand is actually cooling. NAR’s.

The monthly update to the NAR housing affordability index gets. are aware of the National Association of Realtors abysmal track record. Neighborhood Median Year-over-year price change.. In an environment of declining real interest rates as in the past generation this ratio had to move higher, no?

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 · Pending home sales rose for the third straight month in March, and according to the National Association of Realtors (NAR) Pending Home Sales Index, they’re at.

Pending. sales reflect contracts – not closed sales – on existing homes and can potentially offer early indications of the housing market’s movement. The NAR considers 100 to be a sign of a healthy.