Some recent positive signs for homebuyers and sellers:
- Pending-home sales rose slightly in September and are now above year-over-year levels for the first time in 11 months, according to the National Association of Realtors.
- New home sales in September were 17 percent above the September 2013 rate, according to estimates released by the U.S. Census Bureau and U.S. Department of Housing and Urban Development.
- Single-family housing production is poised to surge in 2015, according to economists speaking during the National Association of Home Builders’ 2014 Fall Construction Forecast Webinar.
