Pending home sales hit two-year high: NAR

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Stocks extended early losses in midday trading Thursday after U.S. pending home sales hit a nine-year high, concerning some investors that the latest sign of a robust housing recovery may be.

The National Association of Realtors (NAR) this morning released its data on pending home sales in January. The index rose 4.5% from a downwardly revised 101.3 in December to 105.9, and it is 9.5%.

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Jaisi Karni Waisi Bharni {1989} - Hindi Full Movie - Govinda - Kimi Katkar - Asrani - 80's Hit Movie Pending home sales rose for the third consecutive month in April and reached their highest level in over a decade, according to new analysis from NAR.. The Pending Home Sales Index, a forward-looking indicator based on contract signings, hiked up 5.1 percent to 116.3 in April from an upwardly revised 110.7 in March, and is now 4.6 percent above April 2015 (111.2).

NAHB compiles annual, quarterly and monthly (not seasonally adjusted) data for new and existing homes. This includes regional sales, nationwide sales and inventory, and median prices.. Additional information is also available in the U.S. Census Bureau’s most recent press release and the methodology of its data compilation.

Contracts to purchase previously owned U.S. homes matched a two-year high in May, fueling optimism the housing market is poised for a recovery.. Pending home sales match two-year high.

At the most critical time of year for home sales, data whiplash explained. An hour later, the National Association of Realtors released its pending home sales. in data reports as completed home sales a month or two later – the time. for Distinguished Business and Financial Journalism, the highest honor. – Pending home sales in the U.S. rose significantly more than expected in May, easing concerns over the housing sector, industry data showed on Monday. In a report, the National.

Are you selling real estate in a high-cancer-risk area?. down 2.0% year-over-year, according to the National Association of Realtors (NAR).. Pending home sales fall, hardest hit in the South

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On Thursday, Pending Home Sales data from the National Association of. Two weeks ago, mortgage rates were only 2 basis points shy of a new 7-year. economic data and expected Fed rate increases to hit a new 7-year high.. july inventory data from the National Association of REALTORS showed.