Pending home sales fell by more than expected in February

US New Home Sales Fall Much More than Expected Sales of new single-family houses in the United States slumped 6.9 percent from the previous month to a seasonally adjusted annual rate of 607 thousand in January of 2019, following an upwardly revised 652 thousand in December and worse than market expectations of 620 thousand.

Consumers are more confident in housing than ever before: Fannie Fannie Mae’s Home Purchase Sentiment Index showed an all-time high in consumers confident about the housing market. The HPSI increased 3.3 points in July to 86.5, up from last month’s 83.2.

If no more homes were placed on the market in Kentucky, it would take 3.1 months. Lawrence Yun, NAR chief economist, said lower-than-usual mortgage rates. confidence about home buying has risen, and he expects even more activity in.. Nationwide, pending home sales declined in April, a modest change from the.

U.S. Pending Home Sales Fell by More Than Expected in February March 28, 2019 March 28, 2019 The data add to a mixed picture of the U.S. housing market; increased demand for homes in coming months.

Pending home sales in the South rose 1.2% to an index of 129.4 in March and are now 3.9% above last March. The index in the West fell 2.9% in March to 94.5, and is now 2.7% below a year ago.

People on the move: Aug. 3 Join the Friends of the Nevada State Museum on Saturday, August 3 for an evening of Chautauqua in the Nevada. two explosions ripped through Argenta Hall at the University of Nevada, injuring eight.

Contract signings to purchase previously owned homes fell more than estimated in February, suggesting that the prior month’s surge resulted from pent-up demand and that a sustainable recovery may take more time. The index of pending home sales fell 1% from the prior month, after a downwardly revised 4.3% increase in January, according to data released Thursday from the National Association of Realtors in Washington. The gauge fell 5% from a year earlier following a 3.3% annual decline.

Inventory keeps contracting as higher rates deter sellers: Redfin A seller's market occurs when demand exceeds supply, or there are more. you could secure a sale price that's higher than your listing price, or at least more. potential buyers need to keep renting until they can save up a higher down. One way to determine if it's a buyer's market or a seller's market is to look at inventory,

CONTRACT signings to purchase previously owned US homes fell more than estimated in February, suggesting that the prior month’s surge resulted from pent-up demand and that a sustainable recovery may take more time. The index of pending home sales fell 1 per cent from the prior month, after a downwardly revised 4.3 per cent increase in January, according to data released on Thursday from the National Association of Realtors (NAR) in Washington.

New sales figures show the value of Lower Mainland real estate. February, forecast for $1.91 billion in property transfer.

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LIVE - Floor of the NYSE! Mar. 2, 2018 Financial News - Business News - Stock News - Market News U.S. Pending Home Sales Fell by More Than Expected in February Reade Pickert , Bloomberg News A potential home buyer is reflected in a mirror during an open house in Columbus, Ohio, U.S., on Sunday, Dec. 3, 2017.

Sales sank in December and only partly recovered in January, hindered by a partial government shutdown that last more than a. index fell in February to the lowest level since before Donald Trump.

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