Pending home sales fell by more than expected in February

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U.S. Pending Home Sales Fell by More Than Expected in February The data add to a mixed picture of the U.S. housing market; increased demand for homes in coming months. Read More

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U.S. Pending Home Sales Drop More Than Expected in December Pending Home Sales Fall More Than Expected – Yahoo – Pending home sales fell 1.6% on the month in August, falling for the fourth straight month. missing expectations for a 1 percent fall. They were also up a more modest 2.9% year-over-year, compared.

After reporting U.S. new home sales at their highest level in over four years in the previous month, the Commerce Department released a report on Tuesday showing that new home sales pulled back by more than expected in the month of February.

Normally, it takes four to six weeks to close a contracted sale. Despite the bigger than expected monthly increase, NAR said pending home sales in February were still down by 4.1 percent compared.

At the end of trading, the dow jones industrial Average was down 32 points;. weekly initial jobless claims and the monthly pending home sales figures.. but provided an upbeat outlook, and that helped push the stock higher.. starts had fallen by 8.7% in February, a much larger setback than forecast.

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On a yearly basis, pending home sales rose 5.0 percent in February, falling short of the expectation for an 8.7 percent increase.

WASHINGTON (Reuters) – U.S. home sales fell more than expected in March, pointing to continued weakness in the housing market despite declining mortgage rates and slowing house price gains.

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Net-Zero Growth Could Drastically Reduce Energy Use 01/03/2019 More homes. to its highest level in more than 20 years, while the manufacturing index fell just a tad. September saw a lower than expected 134,000 new jobs, but 87,000 were.. February Pending Home Sales 03/28/2012 The National Association of.

The pending home sales index in the Northeast fell 0.8% to 92.1 in February, while the index for the Midwest was down 7.2% to 93.2. For the South, the index ticked up 1.7% to 121.8 last month.