Pending Home Sales Edge Up in April – Less Than Expectations

Nationally, contracts for existing home sales were up slightly in April compared with March, though less than expectations. Sales contracts were also down compared with 2013. The overall uptick included a decline in the West Region of the country, even on a month to month basis.

National Association of Realtors® Press Release: Pending Home Sales Edge Up in April | Report

Flagstaff home sales may be lagging the nation a bit. As of my review of Flagstaff MLS statistics earlier this month, pending home sales were strong; however, May has “seemed” less busy than April. We’ll see next week when I have a new Flagstaff Home Sales Report for you.

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