The annual rate at which contracts for a home purchase were drawn increased 6.9 percent from one year ago.
Existing Homes For Sale At Lowest Point In 11 Years
Home sales dropped last month, but not because demand was lacking. There are fewer homes for sale than at any time in the last 11 years.
Homebuilder Confidence Nearly Triples In 2 Years
The National Association of Homebuilders (NAHB) Housing Market Index ended its 8-month winning streak this month.
Pending Home Sales Index Cruises To Multi-Year High
In November, for the second straight month, the Pending Home Sales Index eclipsed its benchmark reading of 100, posting a value of 106.4.
Case-Shiller Index Posts 4% Annual Home Price Gain
The Case-Shiller Index showed home prices gaining 4.3 percent during the 12-month period ending October 2012.
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