Pending home sales fall, marking the 16th-straight month of annual declines

Home shoppers signed 1.5% fewer contracts to buy existing homes in April compared with in March, according to the National Association of Realtors’ Pending Home Sales Index. Sales were 2% lower.

Pending-home sales unexpectedly slipped 1.5 percent in April compared to March, according to the National Association of Realtors’ Pending Home Sales Index.. marking the 16th straight month.

Frigid temps and a scarcity of fresh listings put the brakes on Twin Cities home sales last month. There were 2,536. that inclement weather caused pending home sales – an indication of future.

Auto sales are down and home sales are way down. This morning: pending home sales fall, marking the 16th-straight month of annual declines (MarketWatch) – Pending home sales fell a seasonally adjusted 1.5% in April and were 2% lower than a year ago, the National Association of Realtors said Thursday.

Pending home sales fall, marking the 16th-straight month of annual declines (MarketWatch) – Pending home sales fell a seasonally adjusted 1.5% in April and were 2% lower than a year ago, the National Association of Realtors said Thursday. The consensus Econoday forecast was for a 0.5% increase. NAR’s index, which tracks home-contract signings, has been volatile, but the trend is solidly downward.

Still, the General Activity Index came in under the growth mark at -4.9. Bloomberg. Analysts say the demand could boost 2015 sales to an all-time U.S. annual record. Pending home sales crept higher.

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Pending-home sales slid 2.2% in December to a reading of 99, and were 9.8% lower compared to a year ago, marking the 12th straight month of annual declines. january 30, 2019 MarketWatch

April marked the 16th-straight month of annual declines. Contract signings precede closings by about 45-60 days, so the pending home-sales index is a leading indicator for upcoming existing-home sales reports. Only the Midwest saw an increase in April, with a 1.3% uptick.

April marked the 16th-straight month of annual declines. Contract signings precede closings by about 45-60 days, so the pending home-sales index is a leading indicator for upcoming existing-home sales reports.

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April marked the 16th-straight month of annual declines. Contract signings precede closings by about 45-60 days, so the pending home-sales index is a leading indicator for upcoming existing-home.