U.S. Pending Home Sales Dip in September
National Association of Realtors | October 29, 2018
According to the National Association of Realtors, pending U.S. home sales rose slightly in September 2018 and saw substantial increases in both the West and Midwest. The Pending Home Sales Index, a forward-looking indicator based on contract signings, increased 0.5 percent to 104.6 in September from 104.1 in August. However, year-over-year, contract signings dropped 1.0 percent make this the ninth straight month of annual decreases.