>

St Louis Real Estate Search

Pending Home Sales Rise In May But Lagging Behind Last Year

Pending homes sales increased in May, up 6.1 percent from April, however was still 5.2 percent below the period a year ago, according to the report just released today from the National Association of REALTORS (NAR).

Lawrence Yun, the chief economist for NAR, said he expects home sales to continue improving throughout the balance of the year however still expects 2014 to see fewer home sales than 2013 due to the “ sluggish first quarter”.

(We work hard on this and sure would appreciate a “Like”)

Print Friendly, PDF & Email

2 comments to Pending Home Sales Rise In May But Lagging Behind Last Year

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>