Pending Home Sales Trail Off 1.5% in April

The Dow Jones industrial average djia, +0.07% gained 38.52 points to 26,592.91, or roughly 0.2%, but off its intraday. rose to 129.2 in April from 124.2 a month earlier. A National Association of.

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Americans stepped back from buying new homes in March – the third straight monthly decline – led by a sharp plunge in Western states. New-home sales slipped 1.5% last month to a seasonally..

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Finally, as noted in today’s press release, we will not be hosting a Q&A session following the prepared remarks in light of the pending transaction with funds affiliated with apollo global management.

The PCE price inflation grew 1.5% in March on a year-over-year basis compared with. Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks.

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 · Retail Sales MoM in the United States averaged 0.35 percent from 1992 until 2019, reaching an all time high of 6.70 percent in October of 2001 and a record low of -3.90 percent in November of 2008. Retail sales report in the US provides aggregated measure of sales of retail goods and services over a period of a month.

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Finally, as noted in today’s press release, we will not be hosting a Q&A session following the prepared remarks in light of the pending transaction with funds affiliated with Apollo Global Management.

In February 2018, inventory was down 18.8% from the previous year, with a record low of 1,205 homes.. That left 44 homes available for sale at the end of February, down 2.2% from the same month last year. Pending sales (or homes under contract) measures buyer demand, while inventory (or homes for sale) measures supply.

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