Monday, February 29, 2016

Pending Home Sales: January 2016

Today, the National Association of Realtors (NAR) released their Pending Home Sales Report for January showing that pending home sales declined with the seasonally adjusted national index falling a notable 2.5% from December to stand 1.4% above the level seen in January 2015.

The following chart shows the seasonally adjusted national pending home sales index along with the percent change on a year-over-year basis as well as the percent change from the peak set in 2005 (click for larger version).

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