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Pending Home Sales Decline in August

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 · Pending home sales in the South declined 2.2% to an index of 121.5 in August but are still 4.1% above last August. The index in the West rose.

 · WASHINGTON – Pending home sales slipped in August as fewer Americans signed contracts to purchase a house, the fourth decline in the past five months.

WASHINGTON (AP) – Pending home sales slipped in August as fewer Americans signed contracts to purchase a house, the fourth decline in the past five months. The National Association of.

The Pending Home Sales Index, a forward-looking indicator based on contract signings, eased 1.6 percent to 107.7 in August from a downwardly revised 109.4 in July, but remains 5.8 percent above.

 · Pending home sales plunged in August, dropping 1.8% MoM (almost four times worse than expected) to its lowest since Oct 2014 (and fell 2.5% YoY) – the fourth month of annual declines in a row. As Bloomberg notes, the decline, which was broad-based across all four regions, shows that higher mortgage rates, rising prices and.

Earlier this year, there was a rebound in pending home sales decrease, marking 2016 as the best year for existing home sales since 2006. The National.

Pending Home Sales for July 2019 will be released on Thursday, August 29, 2019 at 10:00 a.m. Eastern. The NAR Public Affairs Office issues a news release on or near the 25th of each month with the latest existing-home sales figures.

 · Pending home sales, in which a contract is signed but the sale has not yet closed, dropped 2.3 percent in August – the eighth consecutive.

4 days ago. The Silicon Valley Real Estate Market Trend Report: august 2019. home sales prices and Sales Continue to Fall (SMC) Market Statistics (SMC). Total inventory is active listings plus pending listings. Active listings do not.

After reaching a two-year high in July, the Pending Home sales index (phsi) fell in August to 99.2, the lowest level since April, according to the National Association of Realtors (NAR). Having.

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WASHINGTON (AP) – Pending home sales slipped in August as fewer Americans signed contracts to purchase a house, the fourth decline in the past five months.

The Pending Home Sales Index,* a forward-looking indicator based on contract signings, declined 2.6 percent to 99.2 in August from an upwardly revised 101.9 in July but is 10.7 percent above.

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