Posts with tag home sales

Home Sales Rise to 11-Month High

WASHINGTON -- Home sales rose in December to the highest pace in nearly a year. The gain coincides with other signs that show the troubled housing market improved at the end of last year Still, sales remain depressed and ended 2011 well below healthy levels. The National Association of Realtors said Friday that sales... Continue Reading »

Pending Home Sales Rise to Year and a Half High

WASHINGTON - The number of Americans who signed contracts to buy homes in November rose to the highest level in a year and a half. The best reading on pending homes sales since a federal home-buying tax credit expired appeared to encourage traders on Wall Street. Still, the National Association of Realtors cautioned that... Continue Reading »

Pending Home Sales Jump to Year High

WASHINGTON -- The number of Americans who signed contracts to buy homes jumped in October to the highest level in a year. But the gain follows three months of declines and isn't enough to signal a housing recovery. The National Association of Realtors said Wednesday that its index of sales agreements rose 10.4 percent... Continue Reading »

Are Low Mortgage Rates Killing the Housing Market?

This may fall under the category of "too much of a good thing," but there is growing sentiment that the historically low interest rates on mortgages are actually fueling the stagnation of the housing market. By keeping rates low, the hope was that more people would be motivated to buy homes. And when that didn't happen,... Continue Reading »

Home Sales on Pace for Dismal Year

WASHINGTON -- The number of Americans who bought previously occupied homes fell in September. Home sales are on pace to match last year's dismal figures -- the worst in 13 years. The National Association of Realtors said Thursday that home sales fell 3 percent last month to a seasonally adjusted annual rate of 4.91... Continue Reading »

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