The Housing Chronicles Blog: January pending home sales fell to lowest level since October 2014

Wednesday, February 28, 2018

January pending home sales fell to lowest level since October 2014

The Pending Home Sales Index fell 4.7 percent to 104.6 in January from a downwardly revised 109.8 in December 2017. After last month's retreat, the index is now 3.8 percent below a year ago and at its lowest level since October 2014 (104.1).The decline was attributed to low supply levels and rising interest rates.

READ MORE

No comments: