pending home sales index - Articles

Home Sales Surge in May as Buyers Lock in Low Rates

By Paige Gance WASHINGTON -- Contracts to purchase previously owned homes in the U.S. rose in May to the highest level in more than six years as buyers rushed to the market to lock in deals before interest rates climb higher. The National Association of Realtors said Thursday that its Pending Home Sales Index, based on... Continue Reading »

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 Thursday... Continue Reading »

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 in... Continue Reading »

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 same... Continue Reading »

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 Pending Home... Continue Reading »

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