Category Archives: Home Sales

Pending Home Sales Rise

Posted on January 27, 2011 by Ryan Hinricher

The National Association of Realtors (NAR) reported that its Pending Home Sales Index rose 2% in December over December 2009.  The biggest month-over-month gains came in the South (up 11.5%) and the Midwest (8.0%).  The West lagged with a decrease of 13.2% while the Northeast showed a modest increase (1.8%). … Continue reading →

October Pending Home Sales Rocket Past September

Posted on December 2, 2010 by Ryan Hinricher

The National Association of Realtors reported that pending home sales jumped 10.4% in October.  While still 20% below a year ago (when people were rushing to take advantage of the first tax credit), the increase is the significant.  Northeast and Midwest lead with a 19.6% increase and a 27.3% respectively. … Continue reading →

Existing and New Homes Sales Remain Anemic

Posted on November 24, 2010 by Ryan Hinricher

The National Association of Realtors reported that existing home sales declined 2.2% to a seasonally-adjusted annual rate of 4.43 million sales. A healthy rate of existing home sales is considered in the 5 million range. Existing home sales are a full 26% below October 2009 when the tax credit was … Continue reading →

Pending Home Sales Impress

Posted on October 5, 2010 by Ryan Hinricher

The National Association of Realtors reported that its Pending Home Sales Index rose 4.3% (to 78.0) in August over July but remains 20.1% lower than August, 2009 when the index stood at 103.0.  Low rates and affordability are starting to lure home buyers back into the market albeit at a … Continue reading →

Existing-Home Sales Rise in August

Posted on September 24, 2010 by Ryan Hinricher

The National Association of Realtors reported that existing home sales rose 7.6% in August after falling off a cliff in July (after the tax credit expiration).  The seasonally-adjusted annual rate was 4.13million in August, an increase off an upward revised 3.84million in July.   Existing home sales are transactions completed including … Continue reading →

Pending Home Sales Surprise

Posted on September 3, 2010 by Ryan Hinricher

The National Association of Realtors reported a sudden rise in its Pending Home Sales Index showing a turnaround in activity.  The Pending Home Sales Index rose 5.2% to 79.4 in July from a downwardly revised 75.5 in June.  The index remains over 19% lower than July 2009 though showing the … Continue reading →