Pending home sales fell by more than expected in February

Pending Home Sales Fall, But Still Holding Most of 2019’s Gains – April’s pending home sales had been expected to build on the gains posted. Pending home sales in the South fell 2.5% to an index of 124.0 which is 1.8% lower than last April. The 93.5 index reading.

Pending sales were expected. about home buying has risen, and he expects more activity in the coming months. "The Federal Reserve may cut interest rates one more time this year, but there is no.

But in the negative column, May consumer sentiment, April pending home sales, and international trade in goods didn’t live up to expectations. When tallying it all up, U.S. economic data may have come.

Pending Home sales drop slightly In February. Mar. 28, 2019 2:37. (more here ). The chart. The general correlation, as expected, is close.

On a month-over-month basis, sales surged 1.1 percent in May, more than an expected 1.0 percent advance and following a 1.5 percent drop in April. Pending .

The release of the January new home sales report was delayed by a 35-day partial shutdown of the federal government that ended on Jan 25. February’s new home sales. The median new house price fell.

That was higher than analysts had expected.. House shoppers signed 3.8% more contracts to buy existing homes in March compared with February, Regionally, pending home sales in the Northeast fell 1.7% monthly and.

Delinquency rate hits record low, foreclosures keep falling The distressed mortgage market continues to dry up, with delinquencies shriveling to a record low rate and foreclosure filings dropping annually for 10 consecutive months, according to Black Knight and attom data solutions. mortgage delinquency rates fell to 3.47% in April, the rock-bottom rate since Black Knight started recording it in 2000.

Pending Home Sales data are provided by NAR solely for use as a reference.. In May 2019, pending home sales were down 0.7 percent year-over-year.

The numbers: Pending-home sales rose 3.1% to 107.5 in February, It fell to a more-than three year low in January, and that reading was revised even lower.. The group expects the national median existing-home price to.

U.S. March Pending Home Sales Jump 3.8% in Second Gain This Year – Contract signings to purchase previously owned U.S. homes rebounded in March by more than forecast for. The index of pending home sales jumped 3.8 percent from the prior month, after a 1 percent.

West leads in home price growth, but maybe not for long

Pending home sales fell slightly in February, after a solid gain in January.. Even if there is a change, NAR anticipated the Fed will lower.

Pending home sales fell 1% in February, the National Association of. In 2020, the NAR expects a 3% gain in existing home sales and a 3% rise in prices.. have dropped to the lowest levels in more than a year, house price.

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