Ongoing buyer demand pushed pending home sales up in January more than 10 percent compared to the same time last year. Realtors® confidence both in the market and in home prices was positive in January.
January Pending Sales:
|Single Family||January 2017||January 2016||% Change|
- Pending sales have been up 46 of the last 47 months
|Condominium||January 2017||January 2016||% Change|
- Pending sales have been up 16 of the last 17 months
Realtor® Market and Price Confidence Indexes:
|Confidence Index||January 2017||January 2016||%Change|
- The Realtor® Market Confidence Index was up for the 10th straight month
- Measured on a 100-point scale, a score of 50 is the midpoint between a “strong” (100 points) and a “weak” (0 points) market condition
Read the full January 2017 Future Indicators Report.