Tag Archives: PHSI

Pending Home Sales Decline In October, Expected to Level Out In Coming Months

Pending home sales continued its downward trend in October, resulting in the fifth consecutive month of decline, according to the National Association of Realtors. A forward-looking indicator based on contract signings, the Pending Homes Sales Index, was at 102.1, dropping from 0.6% from September’s index at 102.7. It was the lowest level since December 2012. […]