Pending Home Sales Index Posts Second Best Month Since April 2010
The housing market continues to show signs of improvement, propelled by low home prices and the cheapest mortgage rates of all-time.
Existing Home Sales Approach Bull Market Territory
According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, December’s Existing Home Sales climbed by 120,00 units overall from the month prior on its way to an 11-month high.
More Sales, Less Inventory : Home Prices Headed Higher?
The housing market continues to signal that a broad rebound is underway. In October, despite sparse home inventory, the number of properties sold increased 1.4% nationwide.
Pending Home Sales Index Slips For 4th Straight Month
Nationwide, fewer homes are going under contract to sell.
Existing Home Sales Slip In July
Existing Home Sales nationwide fell to 4.67 million units on a seasonally-adjusted annualized basis last month. It’s the fourth straight month below the 5 million mark, and the report’s lowest reading since November 2010.