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Pending Home Sales Sluggish as Low Supply Rears Its Head

May 31, 2017 6:57 pm

Pending home sales were sluggish in April as low supply reared its head, down 1.3 percent in the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI). The PHSI posted 109.8 in April, down from 111.3 in March. The Index is based on contract signings. “Much of the country for the second straight month […]

The post Pending Home Sales Sluggish as Low Supply Rears Its Head appeared first on RISMedia.

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