Pending Home Sales (National Association of REALTORS® (NAR)

The chart below shows the pending home sales date from the National Association of REALTORS®. Information like this, as well as real estate agents and brokers that know and understand this data like the ones at MORE, REALTORS, can help a home buyer or investor identify when is an opportune time to buy. This same information and knowledge can be used to help a seller determine the right time to sell their home.

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Pending Home Sales vs. 30 YR Fixed Rate Mortgage(Chart)

The Pending Home Sales Index (PHS) is from the National Association of REALTORS® and is compiled from MLS data across the country.  The Pending Home Sales Index is a good leading indicator of activity in the housing market.