Pending Home Sales October 2021

By
Real Estate Agent with Berkshire Hathaway Home Services Crest CDRE #01044712

On November 29, 2021, National Association of Realtors® (NAR) reported that nationwide pending contract signed home sales higher 7.5% to an index of 125.2 in October of 2021 from September of 2021, but lower 1.4% from October of 2020.

Pending home sales index in the Northeast rose 6.9% to an index of 99.5 in October of 2021 from September 2020, but fell 10.0% from October of 2020.

Pending home sales index in the Midwest gained 11.8% to an index of 124.6 in October of 2021 from September 2020, and grew 5.1% from October of 2020.

Pending home sales index in the South jumped 8.0% to an index of 149.7 in October of 2021 from September 2020, and up 5.8% from October of 2020.

Pending home sales index in the West increased 2.1% to an index of 107.5 in October of 2021 from September 2020, but declined 6.2% from October of 2020.

Lawrence Yun, NAR chief economist, stated "The notable gain in October assures that total existing-home sales in 2021 will exceed 6 million, which will shape up to be the best performance in 15 years."

Fore complete information, on National Association of Realtors's October of 2021 pending home sales report, please click HERE

Posted by

John Pusa

Real estate agent, Glendale, CA

Better way to buy and sell real estate

Berkshire Hathaway Home Services Crest

Office (818) 441-8881

Mobile (818) 441-8881

4005 Foothill Blvd.

La Crescenta, CA. 91214

Comments (8)

Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning John - what a record breaking year it has been for real estate sales.

Dec 01, 2021 04:02 AM
Curtis Van Carter
Better Homes & Gardens Wine Country Group - Yountville, CA
Your Napa Valley Broker Extraordinaire

John

Hope you had a wonderful Thanksgiving, cheers cvc

Dec 01, 2021 09:46 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Good Grant Schneider you are right, a record breaking year it has been for real estate sales. Thanks for the comment.

Dec 01, 2021 03:38 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Curtis Van Carter thank you, and hope you had a wonderful Thanksgiving as well. Thanks for the comment. Cheers!

Dec 01, 2021 03:40 PM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

That sure is great news to see pending sales up across the board

Dec 01, 2021 09:25 PM
Kristin Johnston - REALTOR®
RE/MAX Realty Center 262-567-2455 - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and enjoy your day!

Dec 02, 2021 07:42 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Rocky Dickerson I agree, it is good to know pending home sales higher across the board. Thanks for the comment.

Dec 02, 2021 03:14 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Kristin Johnston - REALTOR® you are welcome, and glad you find the report very informative. Enjoy your day too. Thanks for the comment.

Dec 02, 2021 03:14 PM