Pending Home Sales Index

October 12, 2009 by  
Filed under Blog, Pending Home Sales Index

The Pending Home Sales Index is a great indicator for the housing sector, which is focused on pending sales of existing homes.  We consider a sale pending when the contract is signed but escrow has not closed.  This index is based on a national sample, which represents about 20 percent of home sales.


Housing Assist Coldwellbanker