Pending home sales reverse course

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The national median existing-home price is expected to increase around 4.2 percent. In 2017, existing sales increased 1.1 percent and prices rose 5.8 percent. In the Northeast, the pending sales index surged 10.3 percent to 96.0 in February, but it’s still 5.1 percent below a year ago.

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What does Pending mean with Real Estate When you (or you and your spouse) die or leave the home, heirs can repay the loan from their own funds or sell the house, in which case the sales. And, of course, there’s the mortgage interest rate.

After declining for three straight months, pending home sales recovered in June as all major regions, except for the Midwest, saw an increase in contract activity, according to the National Association of Realtors (NAR). The Pending Home Sales Index, a forward-looking indicator based on contract signings, climbed 1.5% to 110.2 in June from an upwardly [.]

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August home prices, including distressed sales, are expected to rise by 12.3% year-over-year, according to the CoreLogic Pending HPI. On a monthly basis, prices will increase 0.4% from July, the index.

WASHINGTON- After declining for three straight months, pending home sales reversed course in June as all major regions, with the exception for the Midwest, saw an increase in contract activity, according to a recently released report by the National Association of Realtors.

Pending Home Sales Reverse Course in February, Rise 3.1 percent. march 29, 2018. Facebook. Twitter. WhatsApp. Linkedin. reddit. email. washington (march 28, 2018) – Pending home sales snapped back in much of the country in February, Thank you for your interest in The Registry.

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Monday is an exception with the ISM Non-Manufacturing Index and the Pending Home Sales Index each hitting the headlines. With that likely to reverse in February, consumer credit is likely to hunch.

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