existing home sales: Pending Home Sales At The Highest Levels Since April 2010
- 02/01/11 06:17 AM
Another day, another strong report for housing. The Pending Home Sales Index climbed 2 percent in December, according to the National Association of REALTORS®. A "pending home sale" is an existing home under contract to sell, but not yet closed. The Nationwide Pending Home Sales figures are up for the fifth time in 6 months. The December reading is now its highest since the federal home buyer tax credit's April 2010 contract deadline, and the figure is well north of the Pending Home Sales Index 3-year average. Coupling this data with December's strong Existing Homes Sales report (+12%) and its strong … (1 comments)
existing home sales: Fantastic!! New Home Sales Reach 8-Month High
- 01/28/11 04:54 AM
Sales of new homes rose sharply in December, posting a 17.5 percent gain from the month prior. According to the Department of Housing and Urban Development, New Home Sales climbed to 329,000 in December, besting November by close to 50,000 units on a seasonally-adjusted annual basis. Last month's reading is an 8-month high for New Home Sales, and the latest in a series of signals that housing is improving in Meridian and around the country. Note that December's Existing Homes Sales and Building Permits reports also showed marked gains last month, climbing 12 percent and 6 percent, respectively. Furthermore, an interesting pattern is … (0 comments)
existing home sales: September Existing Home Sales are UP!
- 10/25/10 11:34 AM
The National Association of Realtors® released the Existing-home sales figures for September, and the market is up 10% over last month. I'd say not a bad month for housing and the recovery! We certainly have a ways to go yet, but it sure is nice to keep getting positive market data. According to today's NAR Press Release, Lawrence Yun, NAR chief economist, said the housing market is in the early stages of recovery. "A housing recovery is taking place but will be choppy at times depending on the duration and impact of a foreclosure moratorium. But the overall direction should be a … (0 comments)
Another day, another strong report for housing.
;)
;)
