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Contract Signings Surge as Home Buyers Remain Eager. Pending home sales rose 8% in May from the prior month and 13.1% from one year ago. 🏡
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Nationwide pending home sales moved slightly high in May. After 6 months of declines, pending sales increased 0.7% according to the National Association of Realtors® (NAR).
May pending home sales regional breakdown: The Northeast PHSI jumped 15.4% compared to last month at 86.7, though its down 11.9% from May 2021. The Midwest index retreated 1.7% to 98.6 in May, a year-to-year decline of 8.8%.
The South PHSI increased 0.2% to 119.0 in May, though with a 13.8% drop from the previous year. The West index contracted 5.0% in May to 81.6, down 19.8% from May 2021. Learn more...
Inventory in Southwest Florida has doubled. Are you considered making a purchase, call or text us today - 239.370.0892.
Matt Klinowski aka Naples Golf Guy | Downing Frye Realty Here's to living the good life in paradise, Matt
NAR: Pending Home Sales Drop 1.8% in July. Year-to-year contract signings declined 8.5%. NAR Chief Economist Lawrence Yun says the market may be cooling a bit, but there’s still not enough supply to match demand.
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Real Estate Trends: Pending home sales, a measure of signed contracts on existing homes, rose 1.9% in March compared with April, according to the National Association of Realtors. 🏡
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Pending home sales dropped in January due to low inventory. Buyers are finding a lack of homes for sale. Contract signings fell 2.8% in Jan. from Dec. 2020, but is still 13% higher than 1 yr. ago according NAR 🏡
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Contract Signings Surge to Highest Rate Ever in December. Pending sales were up 21.4% year over year in December, the highest on record. Are you ready to buy a vacation home?🏡 Let's connect! Contact NaplesGolfGuy, Matthew Klinowski, at 239-370-0892.
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#pendingsales #homesales #realestatenews
Pending home sales slowed for the first time after four months of gains. Although, pending sales decreased 2.2% from August to September, year-over-year pending sales are up 20.5%. 🏡
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Buying Sprees Continue, Contract Signings Surge to Record High. Pending home sales increased 8.8% in August and the Southeast is leading the way.
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