Pending Home Sales Trail Off 1.5% in April

A lack of conviction, however, knocked the benchmark index off its strong start and contributed. while imports were $5.6 billion less than March imports. Pending Home Sales decreased 1.5% in April.

Pending home sales trail Off 1.5% in April From nar.realtor | May 30, 2019 pending home sales declined in April, a modest change from the growth seen a month before, according to the National Association of Realtors.

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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.

NAR: Pending home sales trail off 1.5% in April WASHINGTON – May 30, 2019 – Pending home sales declined in April in a modest change from the growth seen a month before, according to the National Association of Realtors (NAR).

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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.

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. Year-over-year contract signings declined 2.0%, making this the 16th straight month of annual decreases.

Pending Home Sales data are provided by NAR solely for use as a reference. No part of the data may be reproduced, stored in a retrieval system, transmitted or redistributed in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without NAR’s prior written consent for those who are not members of NAR.

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.

To cap it all off. Pending home sales fell for the 16th consecutive month in April, according to data from the National Association of Realtors. Economists had predicted a 0.5% increase; instead.