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After tanking in January, pending home sales increased 3.1% in February compared with January to reach a score of 107.5 on the National Association of Realtors’ (NAR. last year. Prospective buyers.
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February’s pending home sales sprang up. 10.3 percent more, the Midwest 0.7 percent more, the South 3 percent more, and the West 0.4 percent more. According to Lawrence Yun, chief economist at NAR,
Pending home sales rose 3.4% in March. only 1.4% while the Midwest actually decreased 0.8%. NAR notes that although home sales are expected to trend up in the second half of this year and into 2015.
It was down 1.4% from an all-time high in June, but was still up 5.3% from the same month a year ago. However, buying an older home still cost much less than buying a new one.
Year-over-year the pending homes sales index decreased 1.7% from last May, when the index was 110.4. Regionally. in contract activity implies a possible topping off in sales,” NAR Chief Economist.
Pending home. of REALTORS® (NAR) Pending Home Sales Index (PHSI). The PHSI posted 109.3 in October, up from 105.6 in September; however, sales were 0.6 percent lower year-over-year. The Index is.
Pending. (NAR) Pending Home Sales Index rose 3.5% to 109.3 in October, up from the downwardly-revised 105.6 in September. Though the reading is its highest since June and a bright spot in the.
Pending home sales increased. levels in nearly a year and a modest, seasonal uptick in inventory,” says Lawrence Yun, chief economist for NAR, in a release. “Looking ahead, the key for sustained.
Start studying Operation and Supply Chain Chp 4. Learn vocabulary, terms, and more with flashcards, games, and other study tools.. The last four months of sales were 8, 10, 15, and 9 units. The last four forecasts were 5, 6, 11, and 12 units.. Short-range forecasts have a time span of up to 1 year, but are generally less than 3 months.
Pending home sales down again in August This year’s housing production may fall below the pace of 2016. (NAR) reports its Pending Home Sales Index. Last year, existing sales rose 3.8 percent.
The National Association of Realtors pending home index fell 0.5 percent in February 2012 from January, but last. so far this year," NAR chief economist Lawrence Yun said. "If activity is sustained.