US pending home sales fell 1.5% in April

The Commerce Department said Tuesday that retail sales rose 0.4% last month, the fourth straight increase. Sales at online.

The National Association of Realtors said Thursday that its pending home sales index fell 1.5% to a reading of 104.3. Pending sales declined 2% over the past year. Sales have been hampered even with average 30-year mortgage rates slipping below 4% this week, according to mortgage buyer Freddie Mac. That average is down from nearly 5% in November, though cheaper home loans have done little to boost real estate purchases.

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.

US pending home sales fell 1.5% in April May 31, 2019 admin Finance 0 Fewer Americans signed contracts on homes in April compared with the prior month, potentially signaling that rising prices have outweighed recent declines in mortgage rates.

US pending home sales fell 1.5% in April May 31, 2019 admin Finance 0 Fewer Americans signed contracts on homes in April compared with the prior month, potentially signaling that rising prices have outweighed recent declines in mortgage rates.

Pending home sales down 2% annually, a sign that years of rising prices have hurt affordability despite recent declines in mortgage rates.. US pending home sales fell 1.5% in April.

The index of pending home sales unexpectedly fell. us that sales have been roughly unchanged for the last couple of months, but the trend is still broadly positive.” Estimates in the Bloomberg.

Get the Pending Home Sales (MoM) results in real time as they're announced and see. -1.5%. The National Association of Realtors (NAR) Pending Home Sales Report. June housing starts in the U.S. fell 0.9% compared with May levels,

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US pending home sales fell 1.5% in April.. The National Association of Realtors said Thursday that its pending home sales index fell 1.5% to a reading of 104.3. Pending sales declined 2% over.

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. to buy previously owned homes unexpectedly fell in April, the National Association of Realtors said on Thursday. The NAR’s pending home sales index dropped to a reading of 104.3, down 1.5% from.

NAR’s Pending Home Sales Index. contracts in the Northeast fell 1.5% in March from February to 80.2, and the midwest index declined 2.5% in March to 107.5. On a year-over-year basis, all regions of.