WASHINGTON – Sales of new homes in the U.S. recovered in April after slumping in the previous two months. But Americans are still buying new homes at a slower pace than they did a year ago. The.

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 · Pending home sales in the South climbed 1.1 percent to an index of 124.2 in June, but are 0.3 percent below a year ago. The index in the West inched forward 0.7 percent in.

The Coloney Group – Pending Home Sales Reverse Course in February, Rise 3.1 Percent Coloney Group 18/04/2018 WASHINGTON (March 28, 2018) – Pending home sales snapped back in much of the country in February, but weakening affordability and not enough inventory on the market restricted overall activity compared to a year ago, according to the.

Pending Home Sales Index – PHSI: An index created by the National Association of Realtors (NAR) that tracks homes sales in which a contract is signed but the sale has not yet closed. The pending.

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* The Pending Home Sales Index is a leading indicator for the housing sector, based on pending sales of existing homes. A sale is listed as pending when the contract has been signed but the.

The national median existing-home price is expected to increase around 4.2 percent. In 2017, existing sales increased 1.1 percent and prices rose 5.8 percent. In the Northeast, the pending sales index surged 10.3 percent to 96.0 in February, but it’s still 5.1 percent below a year ago.

A score of 100 in the index reflects the average level of pending home sales during 2001, the baseline year for the index. Home Prices Reverse Decline Meanwhile, it was reported Tuesday that average.

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US Pending Home Sales Reverse Course in February, Rise 3.1 Percent – Pending home sales snapped back in much of the country in February, but weakening affordability and not enough inventory on the market restricted overall activity compared to a year ago, according to.

Pending home sales reverse course in March Low inventory is blamed for the pullback.. Pending home sales in the South were up 1.2% for an index of 129.4 and are now 3.9% above the same month a.

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