The annual rate at which contracts for a home purchase were drawn increased 6.9 percent from one year ago.
Pending Home Sales Index Leaps To Multi-Year High
According the National Association of REALTORS® (NAR), the Pending Home Sales Index rose 5.2 percent in October, crossing the benchmark 100 reading, and moving to 104.8.
Pending Home Sales Index Suggests Housing Momentum Into 2013
In September, for the fifth straight month, the Pending Home Sales Index hovered near its benchmark value of 100, registering 99.5.
Pending Home Sales Index Continues To Show Strength
According to the real estate trade association, the Pending Home Sales Index read 99.2 for August — the fourth straight month in which the index hovered near its benchmark value of 100.
Pending Home Sales Index Makes New High For 2012
In July, the third time this year, the Pending Home Sales Index crossed its benchmark value of 100, moving to 101.7.
Pending Home Sales Index Falls Just Short Of 100
The Pending Home Sales Index is on a 14-month winning streak.
Pending Home Sales Slip In May
After forging past its benchmark value of 100 in March, April’s Pending Home Sales Index dropped back to 95.5.
Pending Home Sales Index Posts Second Best Month Since April 2010
The housing market continues to show signs of improvement, propelled by low home prices and the cheapest mortgage rates of all-time.
Pending Home Sales Drop For Second Straight Month
After a strong run to close out 2010, the market for home resales softened a bit in January.