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Items Tagged with 'Pending Home Sales'


Pending home sales sink to lowest level since January

Further evidence housing recovery could stall
Pending home sales decreased in August following the previous month’s record high. It now seems July’s high could be an outcast as this marks the third month of declines in the past four. NAR’s chief economist warns of the consequences if the market doesn’t start to see more inventory soon.
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Pending home sales hit second highest point in decade

West led the nation in July
Pending home sales increased in July led by high gains in the West, which hit its highest month in more than three years. There is, however, still room for more growth. There’s little doubt there’d be more sales activity right now if there were more affordable listings on the market.
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California home sales gaining momentum

Posted fourth straight annual increase
Pending home sales in California show that existing home sales could see another increase in the fall if the momentum continues. The recent slow-down in San Francisco, however, leaves other markets to pull the momentum.
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Affordability constraints hold back pending home sales

Investor activity at lowest point since 2009
Pending home sales barely moved in June as current market conditions such as low inventory and high home prices prevented more growth. Until inventory conditions markedly improve, prospective buyers are likely to run into situations of being priced out of the market or outbid on the very few properties for sale.
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Pending home sales surge to 10-year high

Seller's market overcomes industry roadblocks
Despite tight inventory and affordability concerns, Pending home sales still increased for the third consecutive month in April, surging to the highest level in over a decade. Here's why Lawrence Yun, National Association of Realtors' chief economist, said sales are beating the odds.
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