Pending home sales grew by 1.5% | Chappaqua Real Estate


 

Pending home sales grew by 1.5% in the month of September according to the National Association of Realtors (NAR).

The measure of the housing market was projected by economists to grow 1.0% in September from the month before.

In August, the pending sales of single family homes, condos, and co-ops fell 2.4%, declining by much more than the expected flat reading.

After the report for August, the NAR said the slowing number of homes under contract showed the “housing recovery could stall.”

About robertpaulrealtor 914-325-5758

Realtor in Bedford NY specializing in marketing and selling luxury homes and finding the perfect homes for new buyers. Working in Armonk, Katonah, Pound Ridge, Lewisboro, Chappaqua and North Salem. 914-325-5758 robert.paul@elliman.com
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