NAR: Pending home sales up 10.3% from last year

The National Association of Realtors’ (NAR) Pending Home Sales. fell 10.3 percent in December to 74.1, putting it 5.5 percent below year-ago levels. In the Midwest, the index declined 6.8 percent.

Pending-home sales rebound in February, even as Realtors slash 2018 sales forecast. The February rebound still leaves the index 4.1% lower than its level a year ago, though NAR noted in a release that last February’s reading was the second-highest in over a decade. Pending sales surged 10.3% in the Northeast, and ticked up 0.7% in the Midwest in February. They rose 3.0% in the South and 0.4% in the West.

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pended home sales over 2014, according to F.C. Tucker Company statistics of the nine-county central Indiana region. More than 31,000 homes sold in 2015, up from approximately 29,000 last year. The average selling price of a home also rose each month of the year as available inventory declined during 11 months of 2015.

NAR: January 2019 Housing Minute. by Rich Barnhart | Feb 1, 2019. Courtesy of the National Association of REALTORS this video provides a nice snapshot of the national housing market as of December 2018. Some highlights from the video: December sales volume was down 10.3% from last year, but median sales prices were up 2.9% from.

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NAR: Pending home sales up 10.3% from last year 0 Pending home sales continued to inch higher in April with the National Association of Realtors pending home sales index rising slightly to an index score of 106, a 0.3% increase from the March 105.7 score.

Sales are down 10.3% versus a year ago. Sales in December fell in all four major regions and for both single-family homes and condos/coops. The median price of an existing home declined to $253,600 in December (not seasonally adjusted), but is up 2.9% versus a year ago. Average prices are up 1.6% versus last year.

The median price in the Northeast was $261,400, up 3% compared with November of last year. In the Midwest, existing-home sales fell 6.3% to an annual rate of 1.33 million in December and were 1.5%.