LOS ANGELES, Oct. 24, 2017 /PRNewswire-USNewswire/ — California pending home sales dwindled for the third consecutive month, suggesting that the housing market will slow as the end of the year.
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According to the California Association of Realtors, California pending home sales continued to gain steam in June 2015, registering seven months of continued annual increases and the fifth consecutive month of double-digit increases. In a separate report, California Realtors responding to C.A.R.’s.
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U.S. Sees Third Consecutive Month of Declining Home Sales. Prices, meanwhile, in cities like San Jose, California, and Tucson, Arizona, surged.. with nearly half of all homes pending sale in.
Pending home sales data: California pending home sales were up 12.5 percent on an annual basis from the revised 107 index recorded in June 2014, marking the seventh straight month of year-to-year.
Sears said September was the third consecutive month with a year-over-year increase and the number of pending sales, that is homes put under agreement to. Sears said that decrease is likely due to.
California pending home sales up for third straight month, highest level in nearly three years California pending home sales posted higher for the third consecutive month in March, rising from both the previous month and year, according to the CALIFORNIA ASSOCIATION OF REALTORS (C.A.R.).
The index for the most recent month is 18% below its all-time high in 2005. The population-adjusted index is 26% off its 2005 high. Pending versus Existing Home Sales. The NAR explains that "because a home goes under contract a month or two before it is sold, the Pending Home Sales index generally leads existing home Sales by a month or two."
Home flips in Q1 2017 accounted for 6.7 percent of all single family home and condo sales during. covering the southern california housing market. home Flipping Heat Map Average home flipping.
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