Posted on 8:30 AM by Unknown
What You Should Know About Pending Home Sales This Month
Excerpt
Pending home sales fell in September by -5.60 percent,
and were 1.20 percent lower year-over-year. This is the first time in more than
two years that pending home sales have fallen below year-earlier readings.
September's reading was below August's reading of -1.60
percent.
The National Association of REALTORS®, which released
the report, expects lower home sales for the fourth quarter of 2013 and flat
sales into 2014. NAR provided good news in its forecast of 10 percent growth in
existing home sales in 2013 as compared to 2012.
Pete Wiechert Mortgage Blog
0 comments:
Post a Comment