NAR: Pending home sales up 10.3% from last year

California homes sales drop Last month in L.A. County, the number of homes for sale rose 22% from a year earlier. sales fell in all six Southern California counties last month compared with a year earlier, ranging from a 13.5.

Year-over-year the pending homes. Sales rose 1.7% in the South to 121.8, and sales climbed 0.5% in the West to 87.5. “In January, pending contracts were up close to 5 percent, so this month’s 1.

 · NAR’s forward-looking Pending Home Sales Index is up 5.1 percent in March, putting home sales on track to top last year, NAR Chief economist lawrence yun says.

 · The title is from the National Association of Realtor’s Pending Home Sales report for August in reference to NAR chief “economist” Larry Yun’s commentary on the housing market. Pending homes sales in August, which are based on contracts signed, dropped 2.6% from August. They’re also 2.6% below a year ago August. These are SAAR numbers.

The National Association of Realtors® Pending Home sales index increased 4.6% to 103.2 in January, up from. this time last year. The index in the West increased 0.3% in January to 87.3 and fell.

Today, the National Association of Realtors (NAR) released its Pending. 10.3% above the level seen in April 2012. Meanwhile, NAR’s Chief Economist Lawrence Yun suggested that increasing sales and.

2 days ago · Extrapolating the pending home sales unadjusted data to project May 2019 existing home sales would be down 0.7 % year-over-year for existing home sales. From Lawrence Yun, the NAR chief economist:

Pending home sales. up 5.1 percent to 116.3 in April from an upwardly revised 110.7 in March and is now 4.6 percent above april 2015 (111.2). After last month’s gain, the index has now increased.

The number of contracts signed to buy previously-owned homes ticked up. nar expects the national median existing-home prices to rise about 5%. Total existing-home sales for 2015 are forecast to be.

 · Housing affordability declined from a year ago in November moving the index down 10.6 percent from 161.0 to 144.0. The median sales price for a single family home sold in November in the US was $260,500 up 5.0 percent from a year ago. Nationally, mortgage rates were up 80 basis point from one year ago (one percentage point equals 100 basis points).

Pending. NAR Chief Economist Lawrence Yun said. “In most areas, the lower the price of a home for sale, the more competition there is for it. That’s the reason why first-time buyers have yet to.

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The Pending Home Sales Index, a forward-looking indicator based on contract signings, moved forward 4.6% in January to 103.2, up from 98.7 in December. However, year over year, contract signings.

Average mortgage amount increases by $20,000 Those aged 35 to 44 earn an average income $92,576. Conventional wisdom states this couple should have three times that amount saved. Their monthly spending consists of $1,908 on housing, $867 on transportation, $725 on food, $342 on health insurance, $358 on.