Economic Report: Pending home sales fall, marking the 16th-straight month of annual declines By admin on 2019-05-31 0 Comments An index of home-contract signings fell for the second month out of four so far in 2019, further evidence that the hoped-for rebound in housing is going to be hard-won.
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.
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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.
Pending home sales fall, marking the 16th-straight month of annual declines marketwatcheconomic REPORT By Andrea Riquier All the conditions are right for a stronger housing market, but does that mean it’s ‘inevitable’? A "For Sale" sign is displayed outside a house in Oradell, New Jersey.
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The NAR’s pending home sales index dropped to a reading of 104.3, down 1.5% from the prior month. economists polled by Reuters had forecast pending home sales would rise 0.9% last month.
David Blitzer of S&P: “This month’s report showed mixed signals for recovery in home prices. No cities made new lows in June 2011, and the majority of cities are seeing improved annual rates. s.
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After a dismal spring so far, Metro Vancouver residential real estate activity. year average for the month and the lowest May total since 2000. Still, the new figures do mark a notable improvement.
CoreLogic is reporting that home prices, including sales of distressed homes, increased on both a monthly and annual. year declines in April, 10 fewer than in March. "We see the consistent.
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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.