Pending Home Sales in U.S. Jump 3.8% in March

National Association of Realtors | May 06, 2019

Pending Home Sales in U.S. Jump 3.8% in March
According to the National Association of Realtors, pending home sales in the U.S. rose in March 2019, reversing course from a month prior. Three of the four major regions saw growth last month, as the Northeast reported a minor slip in contract activity. The Pending Home Sales Index, a forward-looking indicator based on contract signings, increased 3.8% to 105.8 in March, up from 101.9 in February. Year-over-year contract signings declined 1.2%, making this the 15th straight month of annual decreases.

Spotlight

Dave Liniger, co-founder at Re/Max, talks with Brendan Greeley about the strength of the U.S. housing market, the appeal of home ownership to millennial, and the role of housing in the U.S. economy.

Spotlight

Dave Liniger, co-founder at Re/Max, talks with Brendan Greeley about the strength of the U.S. housing market, the appeal of home ownership to millennial, and the role of housing in the U.S. economy.

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