Pending home sales hit two-year high: NAR

Nice Guys 5 Distressed sales (foreclosures and short sales), days on market, first-time buyers, all-cash transactions and investors are from a monthly survey for the NAR’s Realtors Confidence Index, posted at nar.realtor. NOTE: NAR’s Pending home sales index for April is scheduled for release on May 30, and Existing-Home Sales for May will be.

The National Association of Realtors (NAR) this morning released its data on pending home sales in July. The index rose from 99.3 in June to a two-year high of 101.7. Compared with July of 2011.

Contracts to buy previously owned homes rose to an eight-month high in March, the National Association of Realtors said on Tuesday. The NAR’s pending home sales index increased to a reading of 105.8, up 3.8 percent from the prior month and the highest since July. February’s index was unrevised at 101.9.

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Pending home sales – sales contracts that have yet to close – hit a two-year high in January, the National Association of Realtors said Monday, approaching levels last seen during the federal.

House hunters signed 2.2 percent fewer contracts to buy existing homes in December, according to the National Association of Realtors. These so-called pending sales are a future. as the median home.

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US pending home sales hit 2-1/2 year high in November. Contracts to buy previously owned US homes rose in November to their highest level in 2-1/2 years, an industry group said on Friday, further.

Contracts to buy previously owned U.S. homes rose in November to their highest level in 2-1/2 years, an industry group said on Friday, further evidence of a strengthening housing market recovery.

Aside from spikes induced by homebuyer tax credits in 2010, the last index high before 2010 occurred in February 2007 when NAR’s index reached 107.9, the association said. The NAR pending home sales index – which measure contract signings on homes – increased 4.5% to 105.9 in January, compared to a score of 101.3 in December.

Pending home sales hit 3-year low.. The Pending Home Sales Index fell 4.7% to 104.6 in January from the revised 109.8 in December, according to the National Association of Realtors (NAR)..

Contract signings in the Midwest and South in February drove pending home sales to their. According to NAR this is the sixth consecutive month that the index has increased compared to a year.