WASHINGTON (October 25, 2018) – Pending home sales rose slightly in September and saw substantial increases in both the West and Midwest, according to the National Association of Realtors.The Pending Home Sales Index, a forward-looking indicator based on contract signings, increased 0.5 percent to 104.6 in September from 104.1 in August.
"The Pending Home Sales Index, www.nar.realtor/pending-home-sales, a forward-looking indicator based on contract signings, increased 0.5 percent to 104.6 in September from 104.1 in August."
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Pending Home Sales See 0.5 Percent Increase in September. October 25, 2018. Facebook. Twitter. WhatsApp. Linkedin. ReddIt. Email. WASHINGTON (October 25, 2018) – Pending home sales rose slightly in September and saw substantial . Thank you for your interest in The Registry. You must Subscribe.
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Following the highest average year for the index in nearly a decade, pending home sales declined to begin 2016 but remained slightly higher than a year. last month’s annual gain was the second.
Pending home sales rose slightly in the United States in September with growth led by substantial increases in both the West and Midwest, according to the latest index figures. But year on year contract signing fell by 1%, meaning that the nation’s housing market has now seen pending home sales fall for nine months in a row, according to the data from the National Association of Realtors (NAR).
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Pending home sales rose slightly, 0.5%, in September to 104.6 from 104.1 in August, marking a "stabilizing trend," according to the National Association of Realtors. "This shows that buyers are out there on the sidelines waiting to jump in once more inventory becomes available and the price is right," said Lawrence Yun, NAR chief economist.
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and existing home sales are based on the execution of the contract (contract closing). a robust increase in the West and a healthy bump in the South pushed pending sales upward in September.
Pending home sales grow slightly in September indicating stabilization. by Rincey Abraham October 25, 2018. Despite the general trend toward a fall slowdown, pending home sales rose slightly in September compared to August.