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United States Pending Home Sales

Discussion in 'Market News' started by Jonathan, Oct 29, 2015.

  1. Jonathan

    Jonathan Forum Member

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    The National Association of Realtors' Pending Home Sales Index increased 3 percent year-on-year in September, slowing for the fifth consecutive month. On a monthly basis, contracts to buy previously owned houses shrank 2.3 percent, following a 1.4 percent drop in August and compared to market expectations of a 1 percent rise. Pending Home Sales in the United States averaged 1.17 percent from 2002 until 2015, reaching an all time high of 30 percent in October of 2009 and a record low of -24.50 percent in April of 2011. Pending Home Sales in the United States is reported by the National Association of Realtors. Pending Home Sales is based on sales of existing homes where the contract has been signed but the transaction has not been closed, making it roughly equivalent to the new home sales definition. This page provides the latest reported value for - United States Pending Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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