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Home Sales Are Up, But So Are 'Contract Failures'

A for sale sign in front of a home, in Milton, Mass., last week. Steven Senne/AP hide caption

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Steven Senne/AP

The Two-Way

Home Sales Are Up, But So Are 'Contract Failures'

November 21, 2011 • While sales were up 1.4 percent in October, so were the number of deals that fell through because of declined mortgage applications or other reasons.

The Two-Way

Pending Home Sales Jumped In May

June 29, 2011 • There was an 8.2 percent increase in contract signings last month, the National Association of Realtors says.

The Two-Way

Sales Of New Homes Fell 2.1 Percent In May

June 23, 2011 • The housing sector continues to struggle.

The Two-Way

Sales Of Existing Homes Fall; Pace Is Weakest Of Year So Far

June 21, 2011 • The reasons include bad weather and higher gasoline prices. Regardless, sales were down nearly 4 percent in May from April and were off more than 15 percent from a year earlier.

Sales Of New Homes Rose 11.1 Percent In March

Sales did move up, but the pace remains weak. Scott Olson/Getty Images hide caption

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Scott Olson/Getty Images

The Two-Way

Sales Of New Homes Rose 11.1 Percent In March

April 25, 2011 • But sales were still 21.9 percent below the pace of March 2010.

The Two-Way

Sales Of Existing Homes Rose 3.7 Percent In March

April 20, 2011 • But the pace remained well below the level of March 2010. And much of the growth was due to investors snapping up bargain-priced foreclosed homes.

Sales Of New Homes Plunged In February To Lowest Pace In Half A Century

Sign of the times: At a development in Volo, Ill., earlier this month. Scott Olson/Getty Images hide caption

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Scott Olson/Getty Images

The Two-Way

Sales Of New Homes Plunged In February To Lowest Pace In Half A Century

March 23, 2011 • A huge inventory of foreclosed homes continues to weigh down demand for newly constructed houses.

The Two-Way

Sales Of Existing Homes Down 9.6 Percent; Median Price At Nine-Year Low

March 21, 2011 • Sales of "distressed homes" — mostly those where lenders have foreclosed — continue to push down prices.

Sales Of Existing Homes Rose 2.7 Percent In Jan.

Jan. 10, 2011: A sold sign in front of a home in Millis, Mass. Steven Senne/AP hide caption

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Steven Senne/AP

The Two-Way

Sales Of Existing Homes Rose 2.7 Percent In Jan.

February 23, 2011 • But a drop in prices signals that the housing market's bottom may not yet have been reached.

The Two-Way

Sales Of New Homes Jumped Up In December; But Lagged For Year

January 26, 2011 • While the year ended with a bang, sales were still down sharply from 2009 and have fallen five years in a row.

The Two-Way

Pending Home Sales Rose 3.5 Percent In November

December 30, 2010 • Those are home sales where a deal has been signed, but not yet closed. Since hitting a low in June, they've risen over the past five months -- but remain 5 percent below the level of November 2009.

The Two-Way

Sales Of Existing Homes Rose 5.6% in November

December 22, 2010 • Sales of single-family homes, townhouses, condominiums and co-ops rose 5.6 percent from October, to a seasonally adjusted annual rate of 4.68 million, the National Association of Realtors says.

The Two-Way

Busy Day: 'Don't Ask,' Rangel Vote, World Cup, LeBron

December 2, 2010 • Pentagon brass testify. Rep. Charles Rangel faces a censure vote. World Cup hosts are awarded for 2018 and 2022. And LeBron James returns to Cleveland.

LeBron returns to Cleveland

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The Two-Way

New Home Sales Near New Low

November 24, 2010 • The annual rate: 283,000, down 8.1% from September and near August's 275,000 (which is the lowest since records started being kept in 1963).

Sales Of Existing Homes Fell 2.2% Last Month

A sold sign in Coral Gables, FL. Wilfredo Lee/AP hide caption

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Wilfredo Lee/AP

The Two-Way

Sales Of Existing Homes Fell 2.2% Last Month

November 23, 2010 • But those sales slipped, the National Association of Realtors' chief economist believes the bottom has been reached and steady improvement should be ahead.

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