Pending Home Sales Lose Further Steam in September

http://ift.tt/eA8V8J

WASHINGTON (October 29, 2015) — Pending home sales cooled in September for the second straight month and to their second lowest index reading in 2015, according to the National Association of Realtors®. All four major regions experienced a pullback in activity in September.

The Pending Home Sales Index,* a forward–looking indicator based on contract signings, declined 2.3 percent to 106.8 in September from a slightly downwardly revised 109.3 in August but is still 3.0 percent above September 2014 (103.7). With last month's… Read More

Vía RSS feed for Items tagged ‘news releases + newsroom’ http://ift.tt/20cUpFu