NATIONAL ASSOCIATION OF REALTORS®
                                       RESEARCH




Summary of NOVEMBER 2010
Pending Home Sales Statistics
120.0                                    Pending Home Sales
                              November Index Decreased 5.0% Year-Over-Year


110.0                                Pending Home Sales Seasonally Adjusted


100.0


 90.0


 80.0


 70.0


 60.0
         2008.09
         2006.11
         2007.01
         2007.03
         2007.05
         2007.07
         2007.09
         2007.11
         2008.01
         2008.03
         2008.05
         2008.07

         2008.11
         2009.01
         2009.03
         2009.05
         2009.07
         2009.09
         2009.11
         2010.01
         2010.03
         2010.05
         2010.07
         2010.09
         2010.11
        Summary of NOVEMBER 2010 Pending Home Sales Statistics
Pending Home Sales
                       November Index Decreased 5.0% Year-Over-Year
                      November Index Increased 3.5% Month-Over-Month


40.0%                             Year-Over-Year      Month-Over-Month

30.0%

20.0%

10.0%

 0.0%




         2009.03
         2006.11
         2007.01
         2007.03
         2007.05
         2007.07
         2007.09
         2007.11
         2008.01
         2008.03
         2008.05
         2008.07
         2008.09
         2008.11
         2009.01

         2009.05
         2009.07
         2009.09
         2009.11
         2010.01
         2010.03
         2010.05
         2010.07
         2010.09
         2010.11
-10.0%

-20.0%

-30.0%

-40.0%
    Summary of NOVEMBER 2010 Pending Home Sales Statistics
40.0
                                                                                 60.0
                                                                                        70.0
                                                                                               80.0
                                                                                                      90.0
                                                                                                                         100.0
                                                                                                                                                                                110.0




                                                                          50.0
                                                         2006.11
                                                         2007.01
                                                         2007.03
                                                         2007.05
                                                         2007.07
                                                         2007.09
                                                         2007.11
                                                         2008.01
                                                         2008.03
                                                         2008.05
                                                         2008.07
                                                         2008.09
                                                         2008.11




Summary of NOVEMBER 2010 Pending Home Sales Statistics
                                                                                                                                                                                    2001 = 100


                                                                                                             Northeast




                                                         2009.01
                                                         2009.03
                                                                                                                                                                                Pending Home Sales




                                                         2009.05
                                                         2009.07
                                                                                                                                 November Index Decreased 6.2% Year-Over-Year




                                                         2009.09
                                                         2009.11
                                                         2010.01
                                                         2010.03
                                                         2010.05
                                                         2010.07
                                                         2010.09
                                                         2010.11
50.0
                                                                          60.0
                                                                                 70.0
                                                                                        80.0
                                                                                               90.0
                                                                                                      100.0
                                                                                                                  110.0
                                                                                                                                                                             120.0


                                                         2006.11
                                                         2007.01
                                                         2007.03
                                                         2007.05
                                                         2007.07
                                                         2007.09
                                                         2007.11
                                                         2008.01
                                                         2008.03
                                                         2008.05
                                                         2008.07
                                                         2008.09
                                                                                                        Midwest




Summary of NOVEMBER 2010 Pending Home Sales Statistics
                                                         2008.11
                                                                                                                                                                     2001 = 100




                                                         2009.01
                                                                                                                                                                 Pending Home Sales




                                                         2009.03
                                                         2009.05
                                                         2009.07
                                                                                                                  November Index Decreased 7.7% Year-Over-Year




                                                         2009.09
                                                         2009.11
                                                         2010.01
                                                         2010.03
                                                         2010.05
                                                         2010.07
                                                         2010.09
                                                         2010.11
60.0
                                                                          70.0
                                                                                 80.0
                                                                                        90.0
                                                                                               100.0
                                                                                                       110.0
                                                                                                                120.0
                                                                                                                           130.0
                                                                                                                                                                                 140.0


                                                         2006.11
                                                         2007.01
                                                         2007.03
                                                         2007.05
                                                         2007.07
                                                         2007.09
                                                         2007.11
                                                         2008.01
                                                         2008.03
                                                         2008.05
                                                         2008.07
                                                         2008.09
                                                                                                               South




                                                         2008.11




Summary of NOVEMBER 2010 Pending Home Sales Statistics
                                                                                                                                                                           2001 = 100




                                                         2009.01
                                                                                                                                                                       Pending Home Sales




                                                         2009.03
                                                         2009.05
                                                         2009.07
                                                                                                                        November Index Decreased 7.2% Year-Over-Year




                                                         2009.09
                                                         2009.11
                                                         2010.01
                                                         2010.03
                                                         2010.05
                                                         2010.07
                                                         2010.09
                                                         2010.11
0.0
                                                                         20.0
                                                                                40.0
                                                                                       60.0
                                                                                              80.0
                                                                                                     100.0
                                                                                                             120.0
                                                                                                                       140.0
                                                                                                                                                                                160.0
                                                         2006.11
                                                         2007.01
                                                         2007.03
                                                         2007.05
                                                         2007.07
                                                         2007.09
                                                         2007.11
                                                         2008.01
                                                         2008.03
                                                         2008.05
                                                         2008.07
                                                         2008.09
                                                                                                                West




                                                         2008.11




Summary of NOVEMBER 2010 Pending Home Sales Statistics
                                                                                                                                                                                   2001 = 100




                                                         2009.01
                                                         2009.03
                                                                                                                                                                               Pending Home Sales




                                                         2009.05
                                                         2009.07
                                                                                                                               November Index Decreased 17.6% Year-Over-Year




                                                         2009.09
                                                         2009.11
                                                         2010.01
                                                         2010.03
                                                         2010.05
                                                         2010.07
                                                         2010.09
                                                         2010.11
Pending Home Sales
                                                  vs
7,000                                                              125.0
                                         Existing Home Sales
                                                                   115.0
                                                  EHS        PHS
6,000                                                              105.0
                                                                   95.0
5,000                                                              85.0
                                                                   75.0
4,000                                                              65.0
                                                                   55.0
3,000                                                              45.0
                                                                   35.0
2,000                                                              25.0
         2006.11
         2007.01
         2007.03
         2007.05
         2007.07
         2007.09
         2007.11

         2008.03
         2008.05
         2008.07
         2008.09
         2008.11
         2009.01
         2009.03
         2009.05
         2009.07
         2009.09
         2009.11
         2010.01
         2010.03
         2010.05
         2010.07
         2010.09
         2010.11
         2008.01




        Summary of NOVEMBER 2010 Pending Home Sales Statistics

Summary of NOVEMBER 2010 Pending Home Sales Statistics

  • 1.
    NATIONAL ASSOCIATION OFREALTORS® RESEARCH Summary of NOVEMBER 2010 Pending Home Sales Statistics
  • 2.
    120.0 Pending Home Sales November Index Decreased 5.0% Year-Over-Year 110.0 Pending Home Sales Seasonally Adjusted 100.0 90.0 80.0 70.0 60.0 2008.09 2006.11 2007.01 2007.03 2007.05 2007.07 2007.09 2007.11 2008.01 2008.03 2008.05 2008.07 2008.11 2009.01 2009.03 2009.05 2009.07 2009.09 2009.11 2010.01 2010.03 2010.05 2010.07 2010.09 2010.11 Summary of NOVEMBER 2010 Pending Home Sales Statistics
  • 3.
    Pending Home Sales November Index Decreased 5.0% Year-Over-Year November Index Increased 3.5% Month-Over-Month 40.0% Year-Over-Year Month-Over-Month 30.0% 20.0% 10.0% 0.0% 2009.03 2006.11 2007.01 2007.03 2007.05 2007.07 2007.09 2007.11 2008.01 2008.03 2008.05 2008.07 2008.09 2008.11 2009.01 2009.05 2009.07 2009.09 2009.11 2010.01 2010.03 2010.05 2010.07 2010.09 2010.11 -10.0% -20.0% -30.0% -40.0% Summary of NOVEMBER 2010 Pending Home Sales Statistics
  • 4.
    40.0 60.0 70.0 80.0 90.0 100.0 110.0 50.0 2006.11 2007.01 2007.03 2007.05 2007.07 2007.09 2007.11 2008.01 2008.03 2008.05 2008.07 2008.09 2008.11 Summary of NOVEMBER 2010 Pending Home Sales Statistics 2001 = 100 Northeast 2009.01 2009.03 Pending Home Sales 2009.05 2009.07 November Index Decreased 6.2% Year-Over-Year 2009.09 2009.11 2010.01 2010.03 2010.05 2010.07 2010.09 2010.11
  • 5.
    50.0 60.0 70.0 80.0 90.0 100.0 110.0 120.0 2006.11 2007.01 2007.03 2007.05 2007.07 2007.09 2007.11 2008.01 2008.03 2008.05 2008.07 2008.09 Midwest Summary of NOVEMBER 2010 Pending Home Sales Statistics 2008.11 2001 = 100 2009.01 Pending Home Sales 2009.03 2009.05 2009.07 November Index Decreased 7.7% Year-Over-Year 2009.09 2009.11 2010.01 2010.03 2010.05 2010.07 2010.09 2010.11
  • 6.
    60.0 70.0 80.0 90.0 100.0 110.0 120.0 130.0 140.0 2006.11 2007.01 2007.03 2007.05 2007.07 2007.09 2007.11 2008.01 2008.03 2008.05 2008.07 2008.09 South 2008.11 Summary of NOVEMBER 2010 Pending Home Sales Statistics 2001 = 100 2009.01 Pending Home Sales 2009.03 2009.05 2009.07 November Index Decreased 7.2% Year-Over-Year 2009.09 2009.11 2010.01 2010.03 2010.05 2010.07 2010.09 2010.11
  • 7.
    0.0 20.0 40.0 60.0 80.0 100.0 120.0 140.0 160.0 2006.11 2007.01 2007.03 2007.05 2007.07 2007.09 2007.11 2008.01 2008.03 2008.05 2008.07 2008.09 West 2008.11 Summary of NOVEMBER 2010 Pending Home Sales Statistics 2001 = 100 2009.01 2009.03 Pending Home Sales 2009.05 2009.07 November Index Decreased 17.6% Year-Over-Year 2009.09 2009.11 2010.01 2010.03 2010.05 2010.07 2010.09 2010.11
  • 8.
    Pending Home Sales vs 7,000 125.0 Existing Home Sales 115.0 EHS PHS 6,000 105.0 95.0 5,000 85.0 75.0 4,000 65.0 55.0 3,000 45.0 35.0 2,000 25.0 2006.11 2007.01 2007.03 2007.05 2007.07 2007.09 2007.11 2008.03 2008.05 2008.07 2008.09 2008.11 2009.01 2009.03 2009.05 2009.07 2009.09 2009.11 2010.01 2010.03 2010.05 2010.07 2010.09 2010.11 2008.01 Summary of NOVEMBER 2010 Pending Home Sales Statistics