US pending home sales fell 1.5% in April

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.

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But any bounce back in home sales is likely to limited by a chronic shortage of homes, which is keeping house prices elevated. Pending home sales fell 2.5 percent in June. a 4.1 percent annualized.

WASHINGTON – 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.

Contracts to purchase previously owned U.S. homes. 1.5% gain in the prior 12-month period. They were projected to climb 10.5%, according to the Bloomberg survey median. The pending sales gauge was.

U.S. Pending Home Sales Decline as Prices Restrain Buyers  · 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.

June’s decline followed a 2.6% year-over-year decrease in May, a 1.9% dip in April, a 3.6% drop in March, a 2.3% fall in. price of a home rose 24.6%, to $350,000. hancock county sales slumped 15%,

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.

Home shoppers signed 1.5% fewer contracts to buy existing homes in April compared with in March, according to the National Association of Realtors’ Pending Home Sales Index. a home bought today.

. to purchase previously owned U.S. homes unexpectedly fell in April, adding to signs the housing market is struggling to regain momentum. The index of pending home sales declined 1.5% from the.

FILE- In this March 28, 2018, file photo an under contract sign is shown outside a single-family home on the market in Denver. On Thursday, May 30, 2019, the National Association of Realtors releases.

NAR’s Pending Home Sales Index. contracts in the Northeast fell 1.5% in March from February to 80.2, and the Midwest index declined 2.5% in March to 107.5. On a year-over-year basis, all regions of.

As for the US data, US Q1 GDP was revised a little lower to 3.1% from the first estimate at 3.2% while pending home sales fell 1.5% in April, weaker than expected. Attention will now be on PCE.

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The gloomy data underscored the challenge for Japanese policymakers worried that prolonged weakness in external demand will.

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