WASHINGTON (AP) – 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. The National Association of Realtors said Thursday that its pending home sales index fell 1.5% to a reading of 104.3.

US pending home sales fell 1.5% in April May 30, 2019 at 7:02 am Updated May 30, 2019 at 8:35 am FILE- In this March 28, 2018, file photo an under contract sign is shown outside a single-family.

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WASHINGTON (AP) – 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. The National Association of Realtors said Thursday that its pending home sales index fell 1.5% to a reading of 104.3.

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.

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Pending home sales in the South fell 2.5% to an index of 124.0 in April, which is 1.8% lower than last April. The index in the West dropped 1.8% in April to 93.5 and fell only 1.5% below a year ago. The National Association of Realtors is America’s largest trade association, representing more than 1.3 million members involved in all aspects.

WASHINGTON – Fewer Americans signed contracts on homes in April compared with the prior month, potentially signalling that rising prices have outweighed recent declines in mortgage rates. The National Association of Realtors said Thursday that its pending home sales index fell 1.5% to a reading of 104.3.

July’s decline followed a 6.9% year-over-year slide in June, a 2.6% decrease in May, a 1.9% dip in April, a 3.6% drop in.

“Nationally, year-over-year home price gains were lower in May than in April. home sales fell 1.7% from the previous month and dropped 2.2% from the same time a year ago – the 16th straight month.

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.

Housing Bubble 2.0 - Catching a Falling Knife - Pending Home Sales - Supply Shock . signed contracts to buy homes in April, reflecting the dearth of properties being listed for sale in the U.S. right now. The National Association of Realtors said Thursday that its pending home.

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