Inside these posts: Pending home sales

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Pending home sales unexpectedly rise in February

Pending sales of previously owned U.S. homes unexpectedly rose in February, a trade group said on Monday, pointing to a modest pick-up in home sales. Get the full story »

Pending home sales rise 2% in December

The number of Americans who signed contracts to buy homes rose in December, marking the fifth increase in six months.

The National Association of Realtors says its index of sales agreements for previously occupied homes rose 2 percent last month. The index posted a 3.1 percent increase in November. Get the full story »

Source: November pending home sales rise 3.5%

Contracts for pending sales of previously owned U.S. homes rose faster than expected in November, though sales remained below “normal” activity levels, a real estate trade group said on Thursday.

The National Association of Realtors Pending Home Sales Index, based on contracts signed in November, rose 3.5 percent to 92.2 from a downwardly revised 89.1 in October. The index showed sales were 5 percent lower than the 97.0 reading in November of last year. Get the full story »

Pending home sales fall after 2 months of gains

The number of people who signed contracts to buy homes fell in September after two months of gains, a possible fallout from foreclosure moratoriums that have disrupted activity in the housing market.

The National Association of Realtors said Friday that its index of sales agreements for previously occupied homes dropped 1.8 percent in September, to 80.9. Contract signings fell in every regionĀ  except the West. Get the full story »

Homeownership at lowest level in a decade

(AP Photo/Paul Sakuma)

The nation’s homeownership rate is at the lowest level in more than a decade, hampered by a rise in foreclosures and weak demand for housing.

The percentage of households that owned their homes was unchanged at 66.9 percent in the July-September quarter, the Census Bureau said Tuesday. That’s the same as the April-June quarter.

The last time the rate was lower was in 1999, when the rate was 66.7 percent. Get the full story »

Pending home sales rise, but still bogged down

Pending sales of previously owned U.S. homes rose more than expected in August to a four-month high, indicating the housing market was regaining some stability after recent steep declines.

The National Association of Realtors said its Pending Home Sales Index, based on contracts signed in August, increased 4.3 percent, to 82.3, from July. Get the full story »