Monday, March 28, 2016

Pending Home Sales: February 2016

Today, the National Association of Realtors (NAR) released their Pending Home Sales Report for February showing that pending home sales increased notably with the seasonally adjusted national index rising 3.5% from January to stand 0.7% above the level seen in February 2015.

The following chart shows the seasonally adjusted national pending home sales index along with the percent change on a year-over-year basis as well as the percent change from the peak set in 2005 (click for larger version).