pending home sales

Pending Homes Sales Point to Party Over

The National Association of Realtors Pending Home Sales declined by -0.6% in October 2013.  This is the 5th month in a row where pending home sales have declined and is the lowest level for pending home sales since Decenber 2012.  September pending home sales dropped by -4.6%  Pending home sales have declined -1.6% from a year ago.

 

Pending Home Sales Decline for Second Month in a Row

The National Association of Realtors Pending Home Sales declined by -1.3% in July.  This is the second month in a row where pending home sales have declined as June dropped by -0.4%  Pending home sales have increased 6.7% from a year ago.  Pending home sales are also back to November 2006 housing bubble year levels.

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