Pending Home Sales Prevail Despite Tight Inventory

Pending Home Sales Prevail Despite Tight Inventory


Pending home sales in July swelled to their second-highest numbers in more than a decade, in the face of the tight inventory and flagging returns on existing-home sales this summer, according to the National Association of Realtors . NAR’s  Pending Home Sales Index  for July 2016 found that, based on...
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What Does the Future Hold for Existing-Home Sales?

What Does the Future Hold for Existing-Home Sales?
Even with headwinds facing the housing industry such as constrained inventory and home price appreciation outpacing wage growth, the National Association of Realtors (NAR) believes that 2016 will be the best year for existing-home sales since the pre-crisis year of 2006.NAR Chief Economist Lawrence Yun, in presenting his midyear economic and...
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