NAR: Pending home sales up 10.3% from last year

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The National Association of Realtors (NAR) reported that its Pending Home Sales Index (PHSI) was up reached 105.4 in May, up 1.1 percent from 104.3 in April. Compared to last year, contract signings dropped by 0.7 percent-May is the 17th straight month of annual decreases.

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 · NAR released a summary of pending home sales data showing that March’s pending home sales pace was up 3.8 percent last month but fell 1.2 percent from a year ago. pending sales represent homes that have a signed contract to purchase on them but have yet to close. They tend to lead Existing-Home Sales data by 1 to 2 months.

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NAR: Pending home sales up 10.3% from last year ball contents february 2017. pending home sales Nar) pending home sales index Servicers hamp trial period Litton loan servicing Leading global.

 · During the first three months of this year, new listings are down 20% from last year, and new approved contracts are up 3.9%. In raw numbers there were 33 more pending townhome or condo sales than new listings in March. A home sale is listed as pending when a contract has been signed, but the transaction has not closed.

Sales are down 10.3% versus a year ago. Sales in December fell in all four major regions and for both single-family homes and condos/coops. The median price of an existing home declined to $253,600 in December (not seasonally adjusted), but is up 2.9% versus a year ago. Average prices are up 1.6% versus last year.

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The measurements were all in positive territory for the Houston real estate market in April. single-family home sales, total property sales, total dollar volume and pricing were all up compared to April 2018.Month-end pending sales of single-family homes totaled 9,467, a 17.8 percent increase over last year.

 · Existing home sales in the West surged 13.6% to an annual rate of 1.25 million in December, up 31.6% from a year ago. But the median price in.