July 2013 Pending Home Sales Index Declines

Written by Steven Hansen The pending home sales index for July was released by the National Association of Realtors (NAR) today, and our analysis suggests that August existing home sales will be marginally “less good”.

June 2013 Pending Home Sales Index Declines

Written by Steven Hansen The June 2013 pending home sales index was released by the National Association of Realtors (NAR) today, and our analysis suggests: The current trends (using 3 month rolling averages) continues to show a moderate acceleration in pending home sales. This is due to a significant growth jump 3 months ago – …

June 2013 New Home Sales Has Another Good Month

Written by John Lounsbury and Steven Hansen New home sales data for June 2013 was very good, and was well above expectations. The data remains very noisy and needs to be averaged to make any sense of it. This month the month-over-month growth is distorted by significant downward revision in the previous 3 months data. …