California pending home sales dial back, marking weakest February in three years, C.A.R. reports. rising from 9 percent in February 2016 to 12 percent in February 2017. As prices fell more.
U.S. Pending Home Sales Rebound More Than Expected In. – A pending home sale is one in which a contract was signed but not yet closed. Normally, it takes four to six weeks to close a contracted sale. Despite the bigger than expected monthly increase, NAR said pending home sales in February were still down by 4.1 percent compared to the same month a year ago.
Putin pins housing hopes on mortgage factory modeled on U.S. One Nomura trader convicted, one cleared at bond fraud trial Manhattan home sales slide in a market clogged with listings People on the move: Dec. 22
WASHINGTON (Reuters) – U.S. home sales fell more than expected in March, pointing to continued weakness in the housing market despite declining mortgage rates and slowing house price gains.
· Pending home sales fell more than expected in August, according to the National Association of Realtors. The indicator, based on signed contracts for real estate, fell.
The median home price did rise in March to more than $325,000. Meanwhile, although sales fell in March, it did little to shift the market in favor of buyers, the data show.
After reporting U.S. new home sales at their highest level in over four years in the previous month, the Commerce Department released a report on Tuesday showing that new home sales pulled back by more than expected in the month of February.
(Bloomberg) — Contract signings to purchase previously owned U.S. homes fell more than estimated in February, suggesting that the prior month’s surge resulted from pent-up demand and that a sustai.
US pending home sales fell more than expected in February, according to the latest figures from the National Association of Realtors. The NAR’s monthly index declined 1% from January to 101.9 last.
THE TAKEAWAY: [US Pending Home Sales fell more than expected in February] > [inventory shortage held back a further recovery in housing, while demand remains high] > [USD/CAD Bullish] The number.
(Bloomberg) — Contract signings to purchase previously owned U.S. 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 percent from the prior month, after a downwardly revised 4.3 percent.