Browse by Tags

The Pending Home Sales Index rose more than expected with a 3.2% advance in March, against forecasts that it would be unchanged after a revised 2.0% gain in February. The index now stands at 84.6. Annually, pending sales have risen 1.1% since March 2008. The index, released by the National Association of Realtors, gives some hope that the housing market may be stabilizing, and NAR chief economist Lawrence Yun said momentum could build up in the coming months. “We need several months of sustained...

An index looking at pending home sales in the U.S. picked up its pace of decline in November, the National Association of Realtors reported on Tuesday. U.S. pending home sales fell more than expected with a 4.0% decline in November. The index now stands...

An index looking at pending transactions for the sale of existing homes eased against a deteriorating economic backdrop but remain in a stable range, according to an industry group on Tuesday. U.S. pending home sales tumbled by less than expectations...

Home prices continued to fall in a majority of U.S. metropolitan areas in the third quarter, while existing home sales were also down in 32 states, the National Association of Realtors reported Tuesday. In the third quarter, median single-family home...

Pending home sales are expected to have declined in September compared to the previous release. September and October have been critical times in the 14-month credit crisis, and it's unclear whether the index will capture the impact of the turmoil...

Economists say the surprise gain in U.S. pending home sales in August doesn't mean the worst times in the housing market are over, but the advance in sales is at least a step in the right direction. U.S. pending home sales unexpectedly soared by 7...

Housing and banking special interest groups as well as a group that represents state level banking regulators have weighed in with their opinions and concerns about the banking bailout proposal which is rolling out piecemeal from the Federal Reserve and the Department of the Treasury. Two of the groups are less than happy with portions of the proposed policies. On the neutral to positive side of the comments, the National Association of Realtors® ( NAR ) said on Monday that it supported "the...