October 2017 Pending Home Sales

October 2017 Pending Home Sales

NAR released a summary of pending home sales data showing that October’s pending home sales pace was up 3.5 percent last month and down slightly 0.6 percent from a year ago. Pending sales represent homes that have a signed contract to purchase on them but have yet to...

Instant Reaction: November Jobs Report

The following is NAR Chief Economist Lawrence Yun’s reaction to this morning’s U.S. Bureau of Labor Statistics report on employment conditions in November: “November marked another impressive month for the labor market, adding up to now over 2 million net new jobs...