Pending home sales fell by more than expected in February

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The report found that MLS members reported 9,950 pending. dropped more than 13% compared to a year ago, with further shrinkage expected. By the end of October, there were 15,690 single-family homes.

Realogy’s market cap – once more than $7 billion – fell. its sales volume for the first quarter was down 9 percent.

The numbers: Sales at U.S. retailers fell in February for the second time in three months in another sign of a slowdown infecting broad swaths of the economy early in the new year. The saving grace?.

A separate report this week showed new-home groundbreakings fell in February by the most in eight months, while other data indicate existing home sales rebounded last month to the best pace in almost a year.

A forward looking gauge of the US housing market fell less than expected last month as a tight supply of homes continued to weigh on activity. The pending home sales index fell 0.8 per cent in.

US New Home Sales Fall Much More than Expected Sales of new single-family houses in the United States slumped 6.9 percent from the previous month to a seasonally adjusted annual rate of 607 thousand in January of 2019, following an upwardly revised 652 thousand in December and worse than market expectations of 620 thousand.

CONTRACT signings to purchase previously owned US homes fell more than estimated in February, suggesting that the prior month’s surge resulted from pent-up demand and that a sustainable recovery may take more time. The index of pending home sales fell 1 per cent from the prior month, after a downwardly revised 4.3 per cent increase in January, according to data released on Thursday from the National Association of Realtors (NAR) in Washington.

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U.S. Pending Home Sales Rebound More Than Expected In February March 28, 2018 After unexpectedly reporting a sharp drop in pending home sales in the U.S. in the previous month, the National Association of Realtors released a report on Wednesday showing a bigger than expected rebound in pending sales in the month of February.

Dissolving City Of Detroit? 292K Jobless Claims! Response To Comments! Pending U.S. home sales fell more than expected in July as the housing market’s struggles continued, an industry group said today. The National Association of.