Pending Home Sales Trail Off 1.5% in April

WASHINGTON, May 30, 2019 /PRNewswire/ — Pending home sales declined in April, a modest change from the growth seen a month before, according to the National Association of Realtors . Only one.

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Pending Home Sales Trail Off 1.5% in April. WASHINGTON, May 30, 2019 /PRNewswire/ – Pending home sales. San Jose-Sunnyvale-Santa Clara, Calif., Seattle-Tacoma-Bellevue, Wash., San.Read More

Pending Home Sales Trail Off 1.5% in April From nar.realtor | May 30, 2019 Pending home sales declined in April, a modest change from the growth seen a month before, according to the National Association of Realtors.

The Pending Home Sales Index, a forward-looking indicator based on contract signings, fell 1.5% to 104.3 in April, down from 105.9 in March. Year-over-year contract signings declined 2.0%, making this the 16th straight month of annual decreases.

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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. to post a comment on this article: login – or – register

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US pending home sales fell 1.5% in April. By:. 2019 Comments Off on US pending home sales fell 1.5% in April. Fewer Americans signed contracts on homes in April compared with the prior month.

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.

The Pending Home Sales Index (PHSI) – a forward-looking indicator based on contract signings – fell 1.5% to 104.3 in April, down from 105.9 in March. Year-over-year contract signings declined 2.0%, making April the 16th straight month of annual decreases.

On Friday, the 10-year Treasury bond yield collapsed to 2.13% after the stock market sold off in the wake of the surprise. of Realtors on Thursday reported that pending home sales declined 1.5% in.