The National Association of Realtors’ Pending Home Sales Index (PHSI)—which tracks contract signings on existing homes—has remained rangebound for more than two years, constrained by affordability ...
The U.S. Pending Home Sales Index jumped 4.0% M/M to 74.7 in August, well above the 0.2% increase expected and the 0.3% decrease in July, which was revised from -0.4% according to data released by the ...