NAVIGATION MAIN MENU

COMPENDIUM LIBRARY/TWITTER MONITOR
VIDEO GALLERY
Economic News
Newsbrief Archives
Democrat Leadership Twitter and Realtime Feeds
Cabinet twitter and realtime feeds
North America weblog
International weblog
Democrats twitter directory
Latest Government Jobs and Public Tenders
Jobs Matrix
Global Travel Information
Pop Entertainment Forum
Start Portal


Please make a donation to support upkeep of the daily news journal, back archives, twitter feeds and the compendium library.










Pending home sales rise in January

Daily newsbrief journal for February 2013, also see http://www.usdemocrats.com/weblog for a global compendium library and follow twitter @usdemocrats


Pending home sales rise in January

Postby admin » Wed Feb 27, 2013 4:13 pm

Pending home sales rise in January
from MarketWatch.com - MarketPulse
WASHINGTON (MarketWatch) -- As affordability continued to attract buyers, pending home sales rose 4.5% in January to the highest level since April 2010, when buyers rushed to make a tax-credit deadline, the National Association of Realtors reported Wednesday. The pending-home-sales index increased to 105.9 in January from 101.3 in December. An index reading of 100 equals the average level of contract activity during 2001, the first year of data. January's reading was up 9.5% from the same period in the prior year, the 21st consecutive year-over-year gain. By region, January saw pending-home-sale gains of 8.2% in the Northeast, 5.9% in the South, 4.5% in the Midwest, and 0.1% in the West. A sale is listed as pending when the contract has been signed but the transaction has not closed. Typically, sales are finalized within two months of signing. Higher pending home sales signal that actual home sales are likely to rise in coming months. January's gain followed two months of declines.
admin
Site Admin
 
Posts: 82092
Joined: Fri Nov 27, 2009 7:00 am

Return to February 2013

Who is online

Users browsing this forum: No registered users and 2 guests