NAR: Pending home sales up 10.3% from last year

 · The homes for sale unadjusted inventory declined this month compared to last month, and remains historically low for Novembers,but is up 4.2 % from inventory levels one year ago). NAR.

This Week in Real Estate mortgage rates fell to the lowest levels in more than a year while new home sales are up 6.7% through the first four months of 2019 compared to the same time the prior year. Conclusion: the market is positioned for a strong summer selling season thanks in part to a healthy job market, continued low-interest rates and.

The number of homes for sale on realtor.com in April was up 14.2 percent from the same time last year, suggesting that sellers "are much more optimistic," according to a report issued by.

Ohio’s February pending home sales index of 127.9, a forward-looking indicator based on contract signings, climbed 13.7 percent from 112.5 in February 2014.

Milwaukee, WI led the nation in year-over-year sales growth, up 15.1%, followed by Albany, NY, up 10.3%. Allentown, PA rounded out the top three with sales up 6.1% from a year ago. Inventory

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NAR: Home Buyers Given Almost No Time To Think - Today's Mortgage & Real Estate News Pending Home Sales, Mortgage Rates Both Trending Downward – 8 days ago · The National Association of Realtors (NAR) Pending Home Sales Index (PHSI) dropped by 1.5 percent to 104.3 in April from 105.9 in March.The PHSI was also down two percent from one year ago, which marked the 16th straight month of annual.

Pending home sales stalled in July, down 0.8 percent in the National Association of REALTORS® (NAR. a year ago, the typical listing has gone under contract within a month since April, and inventory.

Existing-home sales decreased 3.6% in December, but the first-time buyer share rebounded to 32% from 29% last month. The National Association of Realtors reported that existing sales for all of 2017 increased 1.1% from the previous year, and was the best year for sales in 11 years. Some 44% of homes.

March 2019 Housing Market UpdateMay 14, 2019Green Team Realty's March 2019 Housing. However, on the whole, pending home sales are down, region by region.. Year over year stats for January 2019 over 2018 show a wide variation.. Ali brought up that for Fannie Mae and Freddie Mac, rates are based on.

The Pending Home Sales Index, a forward-looking indicator based on contract signings, increased 0.5% in September to 104.6, slightly up from 104.1 in August. Unfortunately, year-over-year, contract.

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Based on signed contracts, year-over-year statewide pending home sales fell in August on a seasonally adjusted basis, with the Pending Home Sales index (phsi)* declining 3.5 percent from 121.3 in.