Posts with tag nar

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 »

Home Sales Up, But Past Figures Grossly Overstated

WASHINGTON -- The number of Americans who bought previously occupied homes rose last month. But the National Association of Realtors says it overstated about 3.5 million sales during and after the Great Recession, showing the housing market remains much weaker than previously thought. The private trade group says sales... 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 »

Home Sales Perk Up, But Outlook Still Bleak

WASHINGTON -- The number of Americans who bought previously occupied homes rose slightly last month but remained at depressed levels. And more deals are being canceled at the last minute, a sign that even those who are looking to buy are worried about the housing market. Home sales rose 1.4 percent last month to a... Continue Reading »

Pending House Sales Fall for 3rd Straight Month

WASHINGTON -- The number of Americans who signed contracts to buy homes fell for the third straight month in September after the spring-and-summer peak buying season failed to entice new buyers. The National Association of Realtors says its index of sales agreements fell 4.6 percent last month to a reading of 84.5. A... Continue Reading »

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