House shoppers signed 3.8% more contracts to buy existing homes in March compared with February, according to the National Association of Realtors’ pending home sales index. Sales were 1.2% lower.

The Pending Home Sales Index, a forward-looking indicator based on contract signings, rates, it is not surprising to now see two straight months of increases.

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 · According to the National Association of Realtors, existing home sales fell 1.7% from the previous month and dropped 2.2% from the same time a year ago – the 16th straight month of annual declines in sales. Meanwhile, pending home sales rose for the second consecutive month in June.

Pending Home Sales Rise For 3rd straight month buyers are writing contracts at a furious pace nationwide. On a seasonally-adjusted basis, the Pending Home Sales Index rose 2 percent last month to reach its highest level since March.

Inventory is way up from a year ago, but pending sales started. NWMLS monthly reports include an undisclosed and varying.. Fast sales are not a rarity nor are straight to pending with no. March 16, 2019 at 7:15 pm.

Existing-home sales in central Indiana rose 4.3 percent in January, marking the 15th straight month of rising home deals. The increase came despite a continuing rise in prices and a decline in.

Get all the latest industry news in your inbox. For the second consecutive month, pending home sales are on the rise, according to the National Association of Realtors. All four major regions generated increases. The Pending Home Sales Index increased 2.8% to 108.3 in June, up from 105.4 in May.

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Buyers are writing contracts at a furious pace nationwide. On a seasonally-adjusted basis, the Pending Home Sales Index rose 2 percent last month to reach its highest level since March.

"Pending home sales underperformed once again in May, declining for the second straight month and coming in at the second-lowest level over the past year," says Lawrence Yun, chief economist.

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 · An index of home-contract signings fell for the second month out of four so far in 2019, further evidence that the hoped-for rebound in housing is going to.

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