Tag: pending home sales index

  • Home Sales Surge in May as Buyers Lock in Low Rates

    Homebuyers Rush in as Mortgage Rates Climb

    Contracts to purchase previously owned homes rose to the highest level in six years as buyers rushed to lock in deals before interest rates climb higher. Continue Reading

  • Pending Home Sales Near 6-Year High

    Pending Home Sales Near 6-Year High

    By Christopher S. Rugaber WASHINGTON -- An index measuring the number of Americans who signed contracts to buy homes in October jumped to nearly its highest level in almost six years. Steady job gains and record-low mortgage rates have made homebuying more attractive. The National Association of Realtors said... Continue Reading

  • Home Sales Rise, but Hurdles Persist

    Home Sales Rise, but Hurdles Persist

    The housing market is making strides in the right direction, but the summit is still a ways to go. Pending home sales bounced back with double-digit growth in October, a vast improvement since bottoming out in June. Pending home sales rose 10.4 percent to 89.3 based on contracts signed in October, up from 80.9... Continue Reading

  • Home Sales Up, but Long Way to Go

    Home Sales Up, but Long Way to Go

    August was a surprisingly busy month for homebuyers. Pending home sales, which count the number of buyers who signed contracts for homes, increased 4.3 percent in August for the second consecutive month, according to the National Association of Realtors. But even with the rise, that level is 20 percent below the... Continue Reading

  • Home Buyers Stayed Home This Winter

    Home Buyers Stayed Home This Winter

    Looking to buy a home? You probably didn't have a lot of competition last January. The number of people who signed contracts to buy homes shrank as cold weather and a slack economy kept many potential buyers home, according to the Pending Homes Sales Index, created by the National Association of Realtors. The... Continue Reading