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What is the Pending Homes Sales Index PHSI

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Pending Home Sales Index – PHSI What is ‘Pending Home Sales Index – PHSI’ The Pending Home Sales Index (PHSI) is an index created by the National Association of REALTORS® (NAR) that tracks homes sales in which a contract is signed but the sale has not yet closed. The pending home sales index is a […]

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New homes sales shot up 4% in March

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WASHINGTON (AP) – April 24, 2018 – Sales of new U.S. homes jumped 4 percent in March, propelled by a surge of buying in the West. The Commerce Department said Tuesday that sales last month were at a seasonally adjusted annual rate of 694,000. The two prior months had their sales revised upward with the […]

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