Pending home sales as a predictor of price changes?

Sale-PendingBy Jann Swanson | Mortgage News Daily

The housing industry has long expected that pending home sales in a given month will fairly accurately forecast the actual sales transactions that follow one or two months later. But Bin He – principal economist with the CoreLogic Decision Analytics & Research Team (DART), thinks we may be overlooking some other predictive abilities of the pending sales data.

Continued:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.