After a small decline in September, Existing Home Sales rebounded in October, increasing a modest 2.1%.
Pending Home Sales Index Suggests Housing Momentum Into 2013
In September, for the fifth straight month, the Pending Home Sales Index hovered near its benchmark value of 100, registering 99.5.
Home Supplies Drop To Multi-Year Low
The National Association of REALTORS® reports Existing Home Sales at 4.75 million units in September 2012 on a seasonally-adjusted, annualized basis, an 11 percent increase from one year ago.
Pending Home Sales Index Continues To Show Strength
According to the real estate trade association, the Pending Home Sales Index read 99.2 for August — the fourth straight month in which the index hovered near its benchmark value of 100.
Existing Home Sales Leap To 2-Year High
According to the National Association of REALTORS®, 4.82 million “existing homes” sold on a seasonally-adjusted, annualized basis in August, representing a near 8 percent improvement from the month prior and a nine percent jump from August 2011.
