Content Tagged As home_sales

1 year 2 months ago

April home sales index due out today

The pending home sales index for April will be released this morning. In March, pending home sales rose to a three-year high. This morning the National Association of Realtors will release the numbers for April. The PHSI measures housing contract activity for existing homes, where a real estate contract...

4 years 2 months ago

Senate approves home tax credit extension

The Senate has approved a plan to give homebuyers an extra three months to finish qualifying for federal tax incentives that boosted home sales this spring. The move by Senate Majority Leader Harry Reid would give buyers until Sept. 30 to complete their purchases and qualify for tax credits...

4 years 4 months ago

Home sales surge 6.8 percent in March

Home sales rose more than expected in March, reversing three months of declines, as government incentives drew in buyers and kicked off what's expected to be a strong spring selling season. The National Association of Realtors says sales of previously occupied homes rose 6.8 percent to a seasonally adjusted...

4 years 7 months ago

Pending home sales dive 16 percent

The number of buyers who agreed to purchase previously occupied homes fell sharply in November, a sign sales will fall this winter, undermining last summer's recovery. The report Tuesday indicates consumers are taking their time following the extension of a tax credit deadline. The incentive of up to $8,000...

4 years 8 months ago

Home sales likely rose again in October

Economists are expecting home resales for October will hit their highest level in more than two years as first time buyers scrambled to take advantage of what they believed was an expiring tax credit. Economists polled by Thomson Reuters say sales will show a 1.4 percent increase to a...

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