Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

May Pending Home Sales Reach Highest Level in Over Six Years
Jun 28, 2013
 Printable format
 Email this Article
 Search

Pending home sales were up in May 2013, reaching their highest point since late 2006, according to the National Association of Realtors.

The association's Pending Home Sales Index increased 6.7% to reach 112.3 in May 2013, from a downwardly revised 105.2 in April 2013. May 2013 is 12.1% above May 2012's 100.2.

The association said contract activity is at the strongest pace since December 2006's 112.8. Pending sales have now been above year-ago levels for 25 months.

Lawrence Yun, NAR chief economist, upgraded the price forecast for 2013, with the national median existing-home price now expected to be up more than 10%, to nearly $195,000. This would be the biggest increase since 2005, when it was when the median increased 12.4%.

Existing-home sales are projected to increase 8.5 to 9.0%, to about 5.07 million in 2013, to the highest level in seven years. This would put it above 5.03 million total for 2007.

Back to Daily News

 

Daily News

...........................................................

Apr 23, 2014: AO Smith Develops Ultra-Low NOx, Compact Commercial Water Heater for California

Apr 23, 2014: Dacor Launches First North American Cooktop with Touch Control

Apr 23, 2014: Existing-Home Sales Show Slight March Decrease

Apr 23, 2014: CEA: Consumer Sentiment Down in April

Apr 22, 2014: Final Rule Establishes Refrigerator Testing

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows