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).
Wednesday, June 29, 2016
Pending Home Sales: May 2016
Today, the National Association of Realtors (NAR) released their Pending Home Sales Report for May showing a notable pullback in sales activity with the seasonally adjusted national index falling 3.7% from April to stand 0.2% below the level seen in May 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).
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).