Pending Home Sales Rebound, or Not . . .

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On Wednesday, the National Association of Realtors ( NAR ) released its Pending Home Sales Index (PHSI) for October, reporting the first rebound after three consecutive months of reduced activity. The index, based on contract signings, rose 3.5 percent to 109.3 in October from 105.6 in September, making October the highest...
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Going Up: Residential Home Sales

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Profile photo of Nicole Casperson
The Department of Housing and Urban Development (HUD), in conjunction with the U.S. Census Bureau released its report on New Residential Sales for October 2017 on Monday. The sales figures were seasonally adjusted and came to an estimated 685,000, an increase of 6.2 percent (plus or minus 18.0 percent) from...
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