Pending home sales dropped suddenly in January, falling to the lowest level in more than three years. In addition to new home construction making progress closer to its historical annual average of… The numbers: Pending sales of homes in the U.S. fell again in November to a four-year low in another sign of widespread weakness in the real-estate market that’s likely to continue into 2019. According to the National Association of Realtors, pending U.S. home sales fell in July 2019, reversing course on two consecutive months of gains. Of the four major regions, each reported a drop in contract activity, although the greatest decline came in the West. Regionally, pending home sales in the Northeast fell 1.7% monthly and 0.4% annually. In the Midwest, the index rose 2.3% monthly but was 5.0% lower than March 2018. Sales in the South rose 4.4% NAR reported that the West was the only region that reported a dip in January compared to the prior month, and that pending home sales were up across the country from the previous January. In the Midwest, pending home sales experienced a solid rebound in January, jumping 7.3% to 105.3 from the previous month. They’re up 6.5% from a year ago. The Pending Home Sales Index, a forward-looking indicator based on contract signings, declined 1.3 percent to 106.4 in April from an upwardly revised 107.8 in March. With last month's decrease, the index is down on an annualized basis (2.1 percent) for the fourth straight month. The highest gain occurred in the West, where the pending home sales index rose 3.1% from July. Contract signings also increased 0.7% in the Northeast, 0.6% in the Midwest and 1.4% in the South.
25 May 2019 The median – or middle number – of all homes sold in Napa. “The sales trends for April and May this year will begin to clarify being lured back into the market by this year's lower mortgage rates, and pending home sales increased for the second straight month after declining for more than two years. 27 Nov 2019 Most of the U.S. saw a drop in month-to-month activity, but sales overall are still up over a year ago. NAR's Pending Home Sales Index, a forward-looking indicator based Year-over-year contract signings, however, jumped 4.4%. “ Mortgage rates continue to be low—below 4%, which will attract buyers
29 Jan 2020 Pending home sales dropped for the month of December, while The S&P 500 index dipped to lows for the session after the release, 90% of all home sales, for December jumped to an almost two-year high on January 22. 6 Feb 2020 Buoyed by three interest-rate cuts, not only did the U.S. housing market homes dipped in December following seven straight months of gains. As for what's to come on the sales side, pending homes sales fell by 4.9%, the Median home prices were up 7.8% in December from a year earlier, helping to
Lawrence Yun, NAR’s chief economist, said that January figures result from the good economic backdrop and exceptionally low mortgage rates. Pending Home Sales in the United States averaged 0.82 percent from 2002 until 2020, reaching an all time high of 30.90 percent in October of 2009 and a record low of -24.30 percent in April of 2011. Pending home sales dropped suddenly in January, falling to the lowest level in more than three years. In addition to new home construction making progress closer to its historical annual average of… The numbers: Pending sales of homes in the U.S. fell again in November to a four-year low in another sign of widespread weakness in the real-estate market that’s likely to continue into 2019. According to the National Association of Realtors, pending U.S. home sales fell in July 2019, reversing course on two consecutive months of gains. Of the four major regions, each reported a drop in contract activity, although the greatest decline came in the West. Regionally, pending home sales in the Northeast fell 1.7% monthly and 0.4% annually. In the Midwest, the index rose 2.3% monthly but was 5.0% lower than March 2018. Sales in the South rose 4.4% NAR reported that the West was the only region that reported a dip in January compared to the prior month, and that pending home sales were up across the country from the previous January. In the Midwest, pending home sales experienced a solid rebound in January, jumping 7.3% to 105.3 from the previous month. They’re up 6.5% from a year ago. The Pending Home Sales Index, a forward-looking indicator based on contract signings, declined 1.3 percent to 106.4 in April from an upwardly revised 107.8 in March. With last month's decrease, the index is down on an annualized basis (2.1 percent) for the fourth straight month.
15 Oct 2019 Home sales and the median sales price in Central Texas hit all-time highs for any September on record, the Austin Board of Realtors said Tuesday. compared to the same month last year, according to the Austin Board of Realtors. “The adverse effect of low housing stock within the Austin area is higher 11 Oct 2019 It hasn't been that low for that long since a 50-month streak ending in January 1970. Republicans often criticized Obama for the decline during his time, even reports that U.S. consumption of coal reached a 39-year low last year. The Realtors' figures reflect raw sales prices without attempting to adjust US pending home sales dip to 4-year low. The group’s index of pending home sales slipped to a reading of 102.1 in October, a decline of 2.6 per cent from September. Contract signings were The index of pending home sales dropped 2.6 percent, after a 0.7 percent gain the previous month, according to data Thursday from the National Association of Realtors in Washington. Pending home sales tumble to 4-year low in latest sign of a housing-market correction so the pending home sales release is considered a leading indicator for the existing-home sales report. Signed contracts to buy existing homes have fallen to their lowest level in four years, according to the National Association of Realtors, further signalling a slowdown in the US housing market. The group’s index of pending home sales slipped to a reading of 102.1 in October, a decline of 2.6 per cent from September. Contract […]