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Pending real estate sales increased

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in September, increased 6.1 percent compared to August, and the index is 21.2 percent higher than September 2008.

The index, which covers the United States, is at the highest level since December 2006, the National Association of Realtors® (NAR) reported November 2, 2009. The following is a video featuring the NAR chief economist Lawrence Yun.

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Posted by John Ford on 11/05/09 |
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Recent comments

confused, Part 2 to ‘Foreclosure filings fall’: Thanks John!
John Ford, Part 2 to ‘Foreclosure filings fall’: Confused, this blog post is for you.
Boston Broker, Beacon Hill Condos Sold: En Fuego!
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John Ford, Foreclosure filings fall: Confused, “Go to mass land records and look at orders of notice. En Fuego....
confused, Foreclosure filings fall: Go to mass land records and look at orders of notice. En Fuego. 4 times more this...
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Mike, Your thoughts on the Boston Condo Market: I’m not sure if we have to wait for June and the end of Fed...
confused, Your thoughts on the Boston Condo Market: Of what, sales, prices, or both? Foreclosures?
Rich, Economic Illustrations: From his other work, it looks like the artist is into all sorts of conspiracy theories:...
John Ford, Your thoughts on the Boston Condo Market: Rich, I’m 100% in agreement with you. Mortgage backed...
John Ford, Back Bay Condo Sales Data: Mike, thanks!
John Ford, Recession Slang: Funny, that was my futile attempt to make a joke.
Funny, Recession Slang: John, Reality is bad for business! Shame on you! -Signed, no is a bad word.
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Funny, Your thoughts on the Boston Condo Market: Irrationally overpriced given the economic climate of the past 10...
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anon2, Janitor cleans office of CEO who bought her foreclosed home: If she only earns $26,000, why did she buy a...
anon2, Economic Illustrations: I think it would be more accurate to show The Fed blowing bubbles than popping them.

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Pending real estate sales increased

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