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  #1  
Old 11/30/11, 7:19 PM
Nick Gromicko's Avatar
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Default Pending home sales surge.
Pending home sales rose strongly in October and remain above year-ago levels, according to the National Association of Realtors (NAR). The Pending Home Sales Index (PHSI), a forward-looking indicator based on contract signings, surged 10.4% to 93.3 in October from 84.5 in September and is 9.2% above October 2010 when it stood at 85.5. The data reflects contracts but not closings.


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  #2  
Old 12/21/11, 11:53 AM
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Default Re: Pending home sales surge.
http://www.cabr.org/pdfs/HomeSalesNov2011.pdf


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  #3  
Old 12/21/11, 12:12 PM
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Default Re: Pending home sales surge.
November http://www.thestreet.com/story/11353...-november.html


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  #4  
Old 12/21/11, 12:13 PM
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Default Re: Pending home sales surge.
Does anyone know where I can get a chart of existing home sales over the past decade or so?


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  #5  
Old 12/21/11, 12:14 PM
Gary Farnsworth Gary Farnsworth is online now
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Default Re: Pending home sales surge.
Nick, you are misinformed.

http://www.kansascity.com/2011/12/21...t-earlier.html

The NAR admits to misinforming the public on over-stating home sales.


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  #6  
Old 12/21/11, 12:18 PM
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Default Re: Pending home sales surge.
Does you know where I can get a chart of existing home sales over the past decade or so?


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  #7  
Old 12/21/11, 12:33 PM
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Default Re: Pending home sales surge.
Quote:
Originally Posted by gromicko View Post
Does anyone know where I can get a chart of existing home sales over the past decade or so?
Not the NAR

They've been making it up


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  #8  
Old 12/21/11, 12:42 PM
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Default Re: Pending home sales surge.
Quote:
Originally Posted by gromicko View Post
Does you know where I can get a chart of existing home sales over the past decade or so?


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  #9  
Old 12/21/11, 12:43 PM
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Default Re: Pending home sales surge.
Quote:
Originally Posted by kleonard View Post
I would not accept any data from the NAR.

They admitted their numbers are badly inflated.


You can argue with intelligent people but to argue with a mush head is like trying to grab fog-Thomas Sowell

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  #10  
Old 12/21/11, 12:48 PM
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Default Re: Pending home sales surge.
Nick, here is a more current chart.



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Last edited by kleonard; 12/21/11 at 12:55 PM..
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  #11  
Old 12/21/11, 12:50 PM
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Default Re: Pending home sales surge.
See this from today

Kevin's chart is wrong.


You can argue with intelligent people but to argue with a mush head is like trying to grab fog-Thomas Sowell

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  #12  
Old 12/21/11, 12:51 PM
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Default Re: Pending home sales surge.
Quote:
Originally Posted by mlarson View Post
I would not accept any data from the NAR.

They admitted their numbers are badly inflated.
What about Reuters?



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  #13  
Old 12/21/11, 12:52 PM
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Default Re: Pending home sales surge.
Quote:
Originally Posted by kleonard View Post
What about Reuters?
Their data source is probably also the NAR.


You can argue with intelligent people but to argue with a mush head is like trying to grab fog-Thomas Sowell

Never underestimate the difficulty of changing false beliefs by facts. - Henry Rosovsky-Harvard

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  #14  
Old 12/21/11, 12:58 PM
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Default Re: Pending home sales surge.
Quote:
Originally Posted by mlarson View Post
Their data source is probably also the NAR.
Just knock 15 percent off the top and it should be accurate.


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  #15  
Old 12/21/11, 1:23 PM
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Default Re: Pending home sales surge.
Quote:
Originally Posted by gromicko View Post
Does anyone know where I can get a chart of existing home sales over the past decade or so?
Here you go http://www.nachi.org/forum/attachmen...-homesales.pdf


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