Pending home sales fall, marking the 16th-straight month of annual declines

Pending Home Sales fall for the 16th straight month of declines, 5 market signs your real estate market is heating up (or crashing!) and the best (and worst) places to flip a house in California!

Pending Home Sales Fall, Marking the 16th Straight Month of Annual Declines All the conditions are right for a stronger housing market, but does that mean it’s ‘inevitable’? May 30, 2019.

The last. in pending home sales in March and April would be consistent with growth in existing home sales for May that will be reported next week. My best guess for sales of existing homes is about.

Investors can pick their reason du jour for the declines. 5-month low. D.C dysfunction takes its toll. weekly bloomberg consumer comfort data showed very little retreat from the multi-year high.

U.S. pending home sales fall in April, despite lower mortgage rates. Share This Article.. Sales were 2% lower compared with April 2018, the 16th straight month of annual declines.

Auto sales are down and home sales are way down. This morning: Pending home sales fall, marking the 16th-straight month of annual declines (MarketWatch) – Pending home sales fell a seasonally adjusted 1.5% in April and were 2% lower than a year ago, the National Association of Realtors said Thursday.

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Pending Home Sales Fall, Marking the 16th Straight Month of Annual Declines The numbers: Pending home sales fell a seasonally adjusted 1.5% in April and were 2% lower than a year ago, the National Association of Realtors said Thursday.

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The past two months have seen the strongest back-to-back improvements in order books since the fall of 2014, fueled by strengthening. The employment picture remains robust. April Pending Home Sales.

Pending home sales fall, marking the 16th-straight month of annual declines MarketWatchECONOMIC REPORT By Andrea Riquier All the conditions are right for a stronger housing market, but does that mean it’s ‘inevitable’? A "For Sale" sign is displayed outside a house in Oradell, New Jersey.

What happened: NAR’s index, which tracks home-contract signings, has been volatile, but the trend is solidly downward. April marked the 16th-straight month of annual declines. contract signings precede closings by about 45-60 days, so the pending home-sales index is a leading indicator for upcoming existing-home sales reports.