-
Pending Home Sales Index Reaches Record High as Sales Ascend 8.8% in August
Pending home sales in August continued to move upward, marking four uninterrupted months of positive contract activity, according to the National Association of Realtors®. Each of the four major regions experienced growth in month-over-month and year-over-year pending home sales transactions. The Pending Home Sales Index (PHSI), nar.realtor/pending-home-sales, a forward-looking indicator of home sales based on contract signings, rose 8.8% to 132.8 – a record high – in August. Year-over-year, contract signings rose 24.2%. An index of 100 is equal to the level of contract activity in 2001. "Tremendously low ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Sep 30, 2020 10:15am Sep 30, 2020 10:15am
- BaliBoyz80
- | Joined Mar 2020 | Status: Member | 798 Comments
- Comment #2
- Quote
- Edited 11:22am Sep 30, 2020 10:20am | Edited 11:22am
- TobiasEldst.
- | Joined Jun 2020 | Status: Member | 5 Comments
- Comment #3
- Quote
- Sep 30, 2020 1:21pm Sep 30, 2020 1:21pm
- Guest
- | IP XXX.XXX.251.237