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

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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.

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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.

Forecasts, however, ranged widely, from as low as a seasonally adjusted annual. mark the sixth gain in seven months. home sales typically pick up in the spring as warmer weather boosts activity,

Pending home sales fall, marking the 16th-straight month of annual declines BY MarketWatch | ECONOMIC | 05/31/19 09:06 AM EDT By By Andrea Riquier All the conditions are right for a stronger housing market, but does that mean it’s ‘inevitable’?

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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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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Pending-home sales slid 2.2% in December to a reading of 99, and were 9.8% lower compared to a year ago, marking the 12th straight month of annual declines. January 30, 2019 MarketWatch

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. The consensus econoday forecast was for a 0.5% increase. NAR’s index, which tracks home-contract signings, has been volatile, but the trend is solidly downward.

Existing-home sales bounced back in February after two straight months of declines, according to the National Association of Realtors. Total existing-home sales grew 3.0% to a seasonally adjusted.

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The for-sale inventory of existing homes did post a year-over year increase in June, ending three years of annual declines and pushing. in the near term. Pending home sales were up in June for the.