Pending Home Sales Continue Recovery

The National Association of Realtors reports:

Pending home sales rose again in November, with the broad trend over the past five months indicating a gradual recovery into 2011, according to the National Association of REALTORS®.

The Pending Home Sales Index,* a forward-looking indicator, rose 3.5 percent to 92.2 based on contracts signed in November from a downwardly revised 89.1 in October. The index is 5.0 percent below a reading of 97.0 in November 2009. The data reflects contracts and not closings, which normally occur with a lag time of one or two months.

 

 

Filed under: Real Estate

Tags: home, real estate, sales

Leave a comment

  • ChicagoNow is full of win

    Welcome to ChicagoNow.

    Meet our bloggers,
    post comments, or
    pitch your blog idea.

  • Advertisement:
  • Subscribe to The Barbershop

    Enter your email address:

    Delivered by FeedBurner

  • Dennis Byrne’s Facebook Fan Page

  • Like me on Facebook

  • google-site-verification: googlefdc32e3d5108044f.html
  • Meet The Blogger

    Dennis Byrne

    Chicago Tribune contributing op-ed columnist and author of forthcoming historical novel, "Madness: The War of 1812." Reporter, editor and columnist for Chicago Sun-Times and Chicago Daily News. Freelance writer and editor.

  • Our National Debt

  • Twitter

  • Categories

  • Tags

  • Recent Comments

    • Imagine how big a Big Mac would have to be to satisfy a dino appetite?
      Read the story | Reply to this comment
    • In reply to Rick Bohning:
      I get the analogy, but where it fails is with the assumption that all contraception is equally efficacious in all ...
      Read the story | Reply to this comment
    • In reply to Aquinas wired:
      Logical fallacy: Ad Hominem Tu Quoque. Look it up. In short, hypocrisy does not make or break ...
      Read the story | Reply to this comment
    • In reply to hatch3:
      Another logical fallacy: appeal to authority. Just because the experts claim it to be true, does not make ...
      Read the story | Reply to this comment
    • In reply to Dennis Byrne:
      I think I'll go with the experts on this one. https://www.acog.org/About_ACOG/ACOG_Departments/Health_Care_for_Underserved_Women/Frequently_Asked_Questions_about_Hormonal_Approaches_to_Emergency_Contraception "4. Does this mean that emergency contraception can cause an ...
      Read the story | Reply to this comment
  • Monthly Archives

  • /Users/dennisby/Desktop/trailer.mp4
  • Latest on ChicagoNow

  • Advertisement:
  • Fresh Chicago News