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What We're Reading: The Good Friday edition

Items Tagged with 'Pending Home Sales'


Pending home sales down 10.5% from February 2013

Down 0.8% from January as investor sales dry up
March 27, 2014
Pending home sales fell for the eighth straight month, down 0.8% from the downwardly revised January report and down 10.5% from February 2013, according to the index from the National Association of Realtors.
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Find out why pending home sales are flat

Northeast, South gain despite cold weather
February 28, 2014
January pending home sales were a wash, with gains in the South and Northeast offsetting declines in the West and Midwest.
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Pending home sales mirror pre-crash levels

Yet, analysts say falling prices are not in the cards
January 31, 2014
Pending home sales fell steadily from May to December last year, closely mirroring the trajectory of the same indicator months before the 2007 home price crash, analysts Chris Flanagan and Justin Borst with Bank of America-Merrill Lynch claim in a new report.
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4 signs that things are much worse than you're being told

GDP, jobless claims, pending home sales - it's just not pretty out there
January 30, 2014
Everyone from the Fed to mainstream media are pushing the narrative that the economy is definitely in recovery mode. Everyone is wrong.
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The Rundown: 3 charts that show a recovery stalling

But let's blame it on the "unexpected" coldness of winter
January 30, 2014
Retail sales are down, pending home sales are down, and now retail foot traffic is down. But we're in a "recovery."
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Disappointing pending home sales blamed on winter weather

Signed real estate contracts fell 8.7% in December: NAR
January 30, 2014
Is it the winter weather, a slowdown in housing or a combination of both that caused real estate contract signings to cool in December?
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Contradictory housing data makes 2014 a bit of a maze for forecasters

But a few trends are easy to spot
December 31, 2013
What can we make of the seeming incongruity of indicators in the housing market as 2013 comes to a close? Mortgage applications recently hit a 13-year low. Existing home sales fell for the third consecutive month – and for the first time on a year-over-year basis in quite some time.
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Pending home sales drop for a fifth week in a row

Limited inventory, falling affordability create massive headwinds
November 25, 2013
Pending home sales continued to sink lower for the fifth consecutive week, as the pending home sales index dipped a slight 0.6% to a NAR index score of 102.1 in October.
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Pending home sales fall on declining home affordability

NAR: Contract signings reach lowest level since Dec. 2012
October 28, 2013
Pending home sales declined 5.6% from August to September, as home affordability receded under the influence of higher mortgage rates, home prices and consumer uncertainty over the state of the U.S. government and national economy.
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Housing recovery rides through peaks, valleys

Trulia: Housing market is 67% back to normal
September 26, 2013
The housing market is now two-thirds of the way back to normal, according to Trulia’s latest Housing Barometer report. While existing-home sales have finally found their way back to their long-term normal level, construction still lags significantly.
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