Posts with tag house sales

Home Sales Spike: Real Sign of Recovery?

Economists got a surprise today with home sales jumping 10 percent to a seasonally adjusted annual rate of 4.53 million in September, from a downwardly revised 4.12 million in August. While this is good news, it's still 19.1 percent below the 5.6 million pace set in September 2009. But this September's numbers from the... Continue Reading »

Pending Homes Sales Drop: Deflationary Spiral or Temporary Slowdown?

Buyers signed fewer contracts to buy homes in May than in any time since the government starting keeping records on them. Based on information from the National Association of Realtors, pending home sales dropped 30 percent from April -- from 110.9 to 77.6 -- which is also 15.9 percent below May 2009. While some believe... Continue Reading »

AOL RealEstate on Facebook