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  • Pending Sales Pause

    The Pending Home Sales Index decreased 0.8% in March 2017, but remains 0.8% above its level a year ago. The Pending Home Sales Index (PHSI), a forward-looking indicator based on signed contracts reported by the National Association of Realtors (NAR), decreased to 111.4 in March, down from 112.3 in February. The PHSI increased in the South by 1.2%, but fell… Read More ›

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  • Pending Sales Pause

    The Pending Home Sales Index decreased 0.8% in March 2017, but remains 0.8% above its level a year ago. The Pending Home Sales Index (PHSI), a forward-looking indicator based on signed contracts reported by the National Association of Realtors (NAR), decreased to 111.4 in March, down from 112.3 in February. The PHSI increased in the South by 1.2%, but fell… Read More ›

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  • Consumer Confidence Declined in April

    After hitting a post-recession high, the consumer confidence index, reported by the Conference Board, declined in April. Consumers were less optimistic about both the current situation and the near term outlook, compared with last month. The Consumer Confidence Index declined to 120.3 in April, from 124.9 in March. Both the present situation index and the expectations index dropped. The present… Read More ›

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