Pending home sales fell by more than expected in February

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The index of pending home sales rose 1.1% from the previous. U.S. Pending Home Sales Rebounded in May as Mortgage Rates Fell. Job creation and a rise in inventory will nonetheless drive more buyers to enter the market.. EA Falls Most Since February as Snag in Apex Legends Sows Doubts.

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

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February 2019 Housing Market Update Los Angeles & South Bay The pending home sales index in the Northeast fell 0.8% to 92.1 in February, while the index for the Midwest was down 7.2% to 93.2. For the South, the index ticked up 1.7% to 121.8 last month.

The pending home sales index in the Northeast fell 0.8% to 92.1 in February, while the index for the Midwest was down 7.2% to 93.2. For the South, the index ticked up 1.7% to 121.8 last month, while the gauge for the West rose 0.5% to 87.5.

Inventory keeps contracting as higher rates deter sellers: Redfin New-home sales declined in April as demand fell in West New Home Sales Decline By Michael Neal on May 23, 2018 (). Sales of new homes fell by 1.5 percent over the month of April to a seasonally adjusted annual rate of 662,000. According to the report released by the Census Bureau and the Department of Housing and Urban Development, the small monthly decline partly reflected a downward revision to the estimate of new home sales in March from.4. Buying is an emotional purchase and emotions tend to run high during the Holiday Season. Strategically, having the opportunity to work off a buyer’s emotion is in your favor . . . they tend to offer a higher price when emotions are involved. 5. The Holiday Season reminds many people of family. The home is the foundation of the family unit.

The Commerce Department reported on Thursday that first-quarter GDP was revised down slightly to a 3.1% annual pace (from the 3.2% previous estimated) due to slower-than-expected. pending home.

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U.S. Pending Home Sales Rebound More Than Expected In February March 28, 2018 After unexpectedly reporting a sharp drop in pending home sales in the U.S. in the previous month, the National Association of Realtors released a report on Wednesday showing a bigger than expected rebound in pending sales in the month of February.

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.

A forward looking gauge of the US housing market fell less than expected last month as a tight supply of homes continued to weigh on activity. The pending home sales index fell 0.8 per cent in.

Pending sales are based on signed contracts that have not yet closed, so they are a gauge of future sales. SEE ALSO: Existing home sales ease in February from a 10-year high More: Pending Home Sales