Archive for July, 2014


US pending home sales slip in June

Washington (AFP) – US pending home sales slipped in June, the first decline after three months of gains, the National Association of Realtors said Monday. The NAR’s pending home sales index fell 1.1 percent in June to 102.7. The decline in the forward-looking indicator, which is based on contract signings, was modestly stronger than analysts’ […]

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Contracts to buy US homes slip in June

WASHINGTON – Fewer Americans signed contracts to buy homes in June, as the real estate market appears to have cooled off this summer. The National Association of Realtors said Monday that its seasonally adjusted pending home sales index slipped 1.1 percent to 102.7 last month. The index remains 7.3 percent below its level a year […]

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Pending Home Sales Post First Drop in 4 Months

The National Association of Realtors (NAR) Monday morning released its data on pending sales of existing homes in June. The pending home sales index slipped 1.1% from an index reading of 103.8 in May to the June reading of 102.7. That is 7.3% lower than in June 2013, when the index reading was 110.8. The […]

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NAR: Pending Home Sales Fell Slightly In June

Pending home sales dipped 1.1% in June compared to May and were down 7.3% compared to May 2013, according to the National Association of Realtors’ (NAR) Pending Home Sales Index. The dip comes after three consecutive months of increases – however, as has been seen historically, an increase in pending home sales in any given […]

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Pending Home Sales Index Stays Above 100 Amid Low Mortgage Rates, Strong …

Real Estate Sales Low mortgage rates are helping to spur U.S. home sales. With 30-year mortgage rates near 14-month lows, buyer purchasing power is up close to eight percent since January. U.S. homes are more affordable and properties are going under contract at the fastest pace since last fall. Many mortgage lenders now quote rates in […]

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Realtors shouldn’t worry about Zillow-Trulia deal: Pros

If Dollar Tree and Family Dollar complete a merger, stores should improve markedly, which may raise concern for competitors.

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NAR Video Spotlight: A Pathway to Professional Conduct

Editor’s Note: This is part of a monthly video series from the National Association of REALTORS® that aims to refresh and educate members about important aspects of being a REALTOR®. Watch for this series each month in RISMedia’s Daily e-News. Professionalism is crucial to succeeding in business. With that in mind, NAR created this brief […]

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The week ahead IN BUSINESS

TODAY The National Association of Realtors releases pending home sales index for June. TUESDAY South State Corp., which owns the former First Federal Bank of Charleston, announces second-quarter earnings. Standard Poor’s releases SP/Case-Shiller index of home prices for May. The Conference Board releases the Consumer Confidence Index for July. Federal Reserve policymakers begin a two-day […]

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Dr. Lawrence Yun diagnoses local housing market boom

Dr. Lawrence Yun, senior vice president of research and chief economist for National Association of Realtors. (Photo: Samuel M. Simpkins / File / The Tennessean ) You would have to be living under a giant belt buckle to miss the success that Middle Tennessee, specifically Nashville, is experiencing right now. From tourism to the housing […]

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Forex Market: USD/JPY trading forecast for Monday

During Friday’s trading session USD/JPY traded within the range of 101.72-101.94 and closed at 101.83, adding 0.02% for the day and 0.49% on a weekly basis. Fundamental view The index of pending home salesCreated by the National Association of Realtors (NAR). Represents the activity in the real estate sector. Tracks sales of single-family houses and […]

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