Pending Home Sales Fall In U.S. But Not In St Louis

By Dennis Norman, on October 29th, 2015

Pending home sales in the U.S. fell again in September, to the second lowest level this year, according to a newly released report from the National Association of REALTORS (NAR).  According to the report, pending home sales in the U.S. dropped 2.3 percent in September from the month before.

St Louis Pending Home Sales Increase In September..

In contrast to the national picture, as the charts below show, St Louis Pending Home Sales rose in September, increasing 8.6 percent from September 2014 and on a year to date basis, through the end of September, pending home sales for 2015 are up almost 10 percent (9.9%) from the same time a year ago.

 

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St Louis Pending Home Sales

Five County Core Market

Data Source: MARIS

St Louis Pending Home Sales

Three County Market (St Louis City and County, St Charles County)

Date Source: MARIS

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