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01 Dec
19:43

US pending home sales decrease slightly in October

US pending home sales have decreased by -1.1% from September to October, Kallanish learns from the National Association of Realtors (NAR). According to the NAR's pending home sales index (PHSI), contract signings for home sales fell -1.1% to 128.9 points in October. An index of 100 is equal to the average level of contract activity during 2001 when the volume of existing-home sales fell between 5-5.5 million units. This month's decline marks the second s…
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