Posts Tagged housing market

Pending Home Sales See Slight Improvement in September

house on chart showing decrease in statistics

Pending home sales increased 0.5 percent in September with substantial gains in both the West and Midwest regions, according to the latest information from the National Association of Realtors (NAR). The Pending Home Sales Index (PHSI), a forward looking indicator based on contract signings, increased 0.5 percent to 104.6 in September from 104.1 in August. Despite the small month-over-month improvement, contact signings continued to drop on an annual basis. September marked the ninth consecutive month of annual declines.

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55+ Housing Market Continues to Strengthen in Second Quarter

older happy couple standing on front steps of house

Builder confidence in the single-family 55+ housing market continued to strengthen in the second quarter of 2018, according to the latest National Association of Home Builders (NAHB) 55+ Housing Market Index (HMI), released August 2. The index gained one point overall to 67 while the component measuring current sales increased 3 points to 73.

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Builder Confidence Holds Steady in March

new home under construction

Builder confidence in the new, single-family home construction market slipped just one point to a level of 70 in March, according to the latest data from the National Association of Home Builders (NAHB). Despite the small decline in the March NAHB/Wells Fargo Housing Market Index (HMI), the data reflects continued strength in builder confidence for the new homes market across the nation. 

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