NAR: Home prices are firming

Real Estate News Blog Headline

Pending home sales index was down in January

This is a forward-looking indicator based on contracts signed in January. It was down 7.7% to 80.4 from 87.1 in December, according to the National Association of Realtors report. Compared to January 2008, the index was down 6.4% when it was 85.9.

The bad news is that the index is at the lowest level since they began tracking it in 2001, when the index value was set at 100. If you look at the breakdown by region, the index rose 2.4% to 103.6 and is 13.5 percent higher than in January 2008.

Posted: March 3, 2009

More Real Estate Blog: This week | Previous | Search archive

	Your Contact Information (Please complete all fields)
	First Name: Last Name: Daytime Phone: Evening Phone: Fax:		E-Mail: Street Address: City: State: Zip Code:

Comments:

To make sure that we send you the right information to help you with your current plans, please indicate:

If you are planning to move in the next 6 months or less, you will need to organize yourself quickly. Please select Report #1.
If you think you will move after the next 6 months, there are a greater number of issues you can address. Please order Report #2.

Report:


	Our office: RE/MAX REALTY CENTRE 3300 Olney-Sandy Spring Road Olney, Maryland 20832 301-774-5900

© Copyright MarylandSuburbs.com \| Privacy Policy \| Site Map *Some restrictions do apply. See respective page for details