Thursday, April 27, 2017

Pending Home Sales: March 2017

Today, the National Association of Realtors (NAR) released their Pending Home Sales Report for March showing an notable decline in sales activity with the seasonally adjusted national index falling 0.8% from February but remaining 0.8% above the level seen in March 2016.

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).