Background: Pending Home Sales - National Association of …
https://www.nar.realtor/research-and-statistics/housing-statistics/pending-home-sales/background
WEBThe Pending Home Sales Index, a leading indicator of housing activity, measures housing contract activity, and is based on signed real estate contracts for existing single-family homes, condos and co-ops. 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 ...
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