Sanibel real estate blog: Pending sales continue rise

Pending home sales in March continued their recent momentum, rising for the third straight month and remaining at their highest level since June 2013, according to the National Association of Realtors®.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, climbed 1.1 percent to 108.6 in March from an upward revision of 107.4 in February and is now 11.1 percent above March 2014 (97.7). The index has now increased year-over-year for seven consecutive months and is at its highest level since June 2013 (109.4).

Help us keep this pending sale thing going! If you have an interest in Sanibel real estate, check out our listings at www.chuckandrews.com or give us a call to discuss the Sanibel real estate market anytime.

 

 

 

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