Pending Home Sales Trail Off 1.5% in April

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A few short weeks ago, the economy seemed to be growing, the trade war looked winnable, and the Mueller Report appeared to take presidential impeachment off the. (MarketWatch) – Pending home sales.

United States Pending Home Sales Pending Home Sales Index is based on sales of existing homes where the contract has been signed but the transaction has not been closed. The index is based on a large national sample, typically representing about 20 percent of transactions for existing-home sales.

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Core PCE rose 1.0%, below the initial estimate of 1.3% ahead of tomorrow’s inflation report for April. US Pending Home Sales (Apr) fell -1.5% vs. +0.5% expected. The canadian dollar shrugged off.

Wednesday morning’s release of the April New Home Sales from the Census Bureau came in at 662K, down 1.5% month over month from a revised 672K in March. The Investing.com forecast was for 680K.

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 of the residential and commercial real estate industries.

From the NAR: Pending Home Sales Trail Off 1.5% in AprilPending home sales declined in April, a modest change from the growth seen a month before, according to the National Association of Realtors. Only one of the four major regions – the Midwest – experienced growth, while the remaining three regions reported a drop in their respective contract activity.The Pending Home Sales Index, a.

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.

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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. Each of the four major U.S. regions saw a drop-off in.

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