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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.
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Economic Report: Pending home sales fall, marking the 16th-straight month of annual declines By admin on 2019-05-31 0 Comments An index of home-contract signings fell for the second month out of four so far in 2019, further evidence that the hoped-for rebound in housing is going to be hard-won.
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Meanwhile, US personal spending fell a greater-than-expected 1 percent during the month of December, marking the sixth straight month of declines. the National Association of Realtors’ (NAR).
Pending home sales dropped from both the previous month and last year in November, indicating that the robust sales registered in November will likely not be repeated in the months ahead, the.
This would mark. home sales after three straight months of declines. Consensus economists expect the National Association of Realtors to report that sales of previously owned homes grew 3.2%.
The National Association of Realtors reported that its Pending Home Sale. would mark the third straight year of declines. The Realtors again cut their estimate for the price of existing homes sold.
DELETED: Pending home sales fall, marking the 16th-straight month of annual declines BY MarketWatch | ECONOMIC | 05/30/19 10:31 AM EDT This story has been deleted by the news provider. More Fixed Income News.
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. Only the Midwest saw an increase in April, with a 1.3% uptick.
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.
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The National Association of Realtors said pending. of a month or two between when a buyer signs a home sales contract and the closing of the deal. Moody’s Economy.com forecasts sales of existing.
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.
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