Pending Home Sales: September 2007 – NOT!

UPDATE: NAR has finally published the September results read here.

Today, the National Association of Realtors (NAR) was scheduled to release their Pending Home Sales Report covering September 2007 but instead revised their release schedule going forward, combining the pending home sales results with their monthly housing forecast.

I’m not certain why they made this change but possibly it is an attempt to limit the frequency that they release bad news to the press.

Until now, every month brought with it the pending home sales report during the first week, the housing forecast in the middle, and the existing home sales during roughly the last week.

Possibly this was a one-two-three media punch that the NAR couldn’t stomach any longer.

Either way, the next release is now scheduled for November 13 so we will have to wait till then for the next installment of the most leading of existing home sales indicators.