The little house next to the keys. Symbol of hiring a house for rent, selling a home, buying a home, a mortgage.
According to the National Association of Realtors (NAR), pending home sales—a forward-looking indicator of home sales based on contract signings—rose 8.0% to 114.7 in May 2021, reaching the highest reading ever for this metric in the month of May since 2005. Year-over-year, signings increased 13.1%. An index of 100 is equal to the level of contract activity in 2001.