Pending home sales rise for 15th straight month

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pending home sales Rise For 3rd Straight Month Buyers are writing contracts at a furious pace nationwide. On a seasonally-adjusted basis, the Pending Home sales index rose 2 percent last month to reach its highest level since March.

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 · "Much of the country for the second straight month saw a pullback in pending sales as the rate of new listings continues to lag the quicker pace of homes.

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NAR: Pending Home Sales Down For Second Straight Month Posted by Kris Lindahl on Wednesday, June 7th, 2017 at 9:01pm. While the spring season is usually one of the busiest times of the year for the housing market, pending home sales across the U.S. fell for the second straight month back in April.

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Home shoppers signed 1.5% fewer contracts to buy existing homes in April compared with March, according to the National Association of Realtors’ Pending Home Sales Index. Sales were 2% lower compared.

 · Home > Uncategorized > Pending Home Sales Up For 3rd Straight Month. Pending Home Sales Up For 3rd Straight Month. 05 May March 23, 2017. 0. Posted by pammarshall Uncategorized. Tweet. Pending Home Sales Have 2015 On Pace To Be Best Year in 9 Years.

Pending sales of existing homes rose for the ninth consecutive month, and a real estate group predicts the housing market will stabilize by next summer. The National Association of Realtors says.

"Pending home sales underperformed once again in May, declining for the second straight month and coming in at the second-lowest level over the past year," says Lawrence Yun, chief economist.

Regionally, pending home sales in the Northeast rose 1.0 percent for the month but were 2.3 percent lower compared with a year ago. In the Midwest, sales were up 0.3 percent monthly but 1.5 percent lower annually. In the South, sales declined 1.7 percent monthly and 0.9 percent annually.

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