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February 2017 Pending Home Sales Index Improves?

Wednesday, March 29, 2017 7:33
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(Before It's News)

Written by Steven Hansen

The National Association of Realtors (NAR) seasonally adjusted pending home sales index rebounded to the second highest level in a decade. Our analysis says the opposite and the rolling averages declined. The quote of the day from this NAR release:

… Looking ahead to the busy spring months, Yun expects to see continued ebbs and flows in activity as new supply struggles to replace listings that are going under contract at a very quick pace. …

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Source: http://econintersect.com/pages/releases/release.php?post=201703290923

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