1. Pending Home Sales Index
October 2017

2. Decline in Pending Sales Suggests Softening in Closed Sales in Upcoming Months
California: October 2017
Oct-16: 119
Oct-17: 116
SERIES: Pending Home Sales Index, Seasonally Adjusted
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®

3. Pending Sales vs. Closed Sales (Year-to-Year Percent Change)
California: October 2017
P: -2.6%
Raw sales figures.
C: -3.4%
SERIES: Pending Home Sales Index
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®

4. Bay Area Dropped for Double-Digits Year-Over-Year for the 4th Consecutive Month
October 2017: San Francisco Bay = 129.9
SERIES: Pending Home Sales Index
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®

5. So CA Had the Largest Annual Decline since August 2014
October 2017: Southern California = 93.7
SERIES: Pending Home Sales Index
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®

6. Central Valley Only Region to Post Gains From Last Year
October 2017: Central Valley = 88.6
SERIES: Pending Home Sales Index
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®

7. Pending Home Sales By Region
October 2017
SERIES: Pending Home Sales Index
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®

8. Regional Pending Sales (Year-to-Year Percent Change)
October 2017: SF Bay = -10.5% • So CA = -7.3% • Central Valley = +5.1%
SERIES: Sales of Existing Single Family Homes
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS® 8

9. County Pending Sales SERIES: Pending Home Sales Index
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS®

10. California Market Velocity Increases YTY
Oct-17: 75%
Oct-16: 40%
SERIES: Market Velocity Index
SOURCE: CALIFORNIA ASSOCIATION OF REALTORS® 10