NAR: Pending home sales up 10.3% from last year

See note 7 on slide 10 3 Last twelve months (“LTM”). Net of stock issued to employees 4 See note 1 on slide 10 5 See note 6 on slide 10. Credit card sales up 10% YoY;. accounting standard in the prior year

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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Pending Sales were up 0.9 percent to 2,105. Inventory levels fell 17.5 percent to 7,397 units. Prices continued to gain traction. The Median Sales Price increased 16.6 percent to $204,060. Days on Market was down 10.3 percent to 70 days. Sellers were encouraged as Months Supply of Inventory was down 23.1 percent to 3.0 months.

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Prices did slide a bit, however, as lender-mediated properties continue to make up a significant portion of sales. Median Sales Price decreased 9.0 percent from last January to $120,750. Negotiations moved toward buyers as Percent of Original List Price Received at Sale decreased to 86.1 percent. Months Supply of Inventory decreased 25.2

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.

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Pending home sales again underwhelmed in August, down 2.6 percent in the National Association of REALTORS® (NAR. last year,” says Yun. “The good news is that nearly all of the missed closings for.

Phoenix real estate recorded a 55.2 percent increase in house prices over the past 12 months, according to the latest data from the National Association of Realtors.

At the national level, housing affordability is down from last month, but up from a year ago. Mortgage rates were down from last month at 4.11% this May, and down 7.7% compared to 4.71% a year ago. July 15, 2019

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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.