Thursday, July 28, 2016

Pending Home Sales: June 2016

Yesterday, the National Association of Realtors (NAR) released their Pending Home Sales Report for June showing a slight improvement in sales activity with the seasonally adjusted national index rising 0.2% from May to stand 1.0% above the level seen in June 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).