The National Association of Realtors has release Existing-home sales numbers for July. The NATIONAL ASSOCIATION OF REALTORS® Existing-Home Sales Series is the premier measurement of the residential real estate market. On or about the 25th of each month, NAR releases statistics on sales and prices of existing single-family homes for the nation and the four [...]
August 26th, 2008 | rp | Comments | ContinuedAll Posts Tagged With: "NAR"
Pending home sales decline, gains forecast for 2nd half stays put
A modest near-term movement is expected in existing-home sales, with an expected during the second half of the year, according to the latest forecast by the National Association of Realtors®.
The Pending Home Sales Index (PHSI),a forward-looking indicator based on contracts signed in May, fell 4.7 percent to 84.7 and remains 14.0 percent below May 2007 [...]
Pending home sales rise, housing expected to do better 2nd half of 2008
It seems like the housing market is finally seeing some signs of a recovery and this may be early indications that the housing downturn is bottoming out.
The National Association of Realtors (NAR) reported Pending Home Sales Index (PHSI) numbers for the month of June. Based on prospective homeowners signing contracts in April, the index rose [...]
Home price declines continue says S&P for Q1 2008
According to the S&P Case-Schiller home price index, home prices continued their decline from 2007 into Q1 2008. The index is published monthly with a two month lag and on the last Tuesday of every month.
The decline in the Index – which covers all nine U.S. census divisions – reached well into double digits, recording [...]
Pending home sales fall 1%, Productivity up
The Pending Home Sales Index (PHSI), a forward-looking indicator, edged down 1.0 percent from a downwardly revised level of 83.8 in February, and was 20.1 percent lower than the March 2007 index of 103.9, the National Association of Realtors (NAR) reported.
Geographically, the PHSI showed mixed results but all of the regions showed sharp declines when [...]
