Tuesday, January 31, 2017

Pending Home Sales: December 2016

Yesterday, the National Association of Realtors (NAR) released their Pending Home Sales Report for December showing an improvement in sales activity with the seasonally adjusted national index rising 1.6% from November to stand 0.3% above the level seen in December 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).