Pending home sales rise for 15th straight month

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The National Association of Realtors’ Pending Homes sales index rose 3.8 percent from February to March, breaking a 15-month streak of straight drops.. pending home sales rise for first time in. Seattle home sales rose from a year ago for the 12th straight month in June, according to real estate analytics firm DataQuick.More than 4,800 new and.

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The NAR’s pending home sales index dropped to a reading of 104.3, down 1.5% from the prior month. Economists polled by Reuters had forecast pending home sales would rise 0.9% last month. marking.

Year-over-year contract signings declined 1.2%, making this the 15 th straight month of annual decreases. “The increase in Pending Home Sales in March aligns with the rise in purchase applications.

What happened: The pending-home sales index, which tracks home-contract signings, has been volatile over the past few months, but the trend for housing has generally been down. March marked the 15th.

The number of pending Long Island home sales rose last month, as prices saw modest gains. There were 3,046 homes contracted.

There is more to consider than the price when selling your home – like. than there are homes for sale, it tends to drive prices up as buyers compete for fewer homes.. want to move during the warmer months when the kids are out of school. This is a common reason why pending sales fall through.

The Pending Home Sales Index (PHS) ticked up from April to May by 1.1 percent but remains 0.7 percent below 2018 levels, marking the 17th straight month of year-over-year decreases, according to.

Pending Home Sales Rise For 3rd Straight Month Buyers are writing contracts at a furious pace nationwide. On a seasonally-adjusted basis, the Pending Home Sales Index rose 2 percent last month to reach its highest level since March.

A forward-looking indicator of US home sales unexpectedly fell in May declining for the second consecutive month data on Wednesday showed. The pending home sales index, or signed contracts for.

TORONTO, Aug 15 (Reuters) – Canadian home sales rose 3.5% in July from the previous month, the fifth consecutive month of.

TORONTO, Aug 15 (Reuters) – Canadian home sales rose 3.5% in July from the previous month, the fifth consecutive month of higher sales, the canadian real estate Association said on Thursday.