Posts Tagged: pending home sales

USA: Pending Home Sales Dipped Unexpectedly in April

Contracts to purchase previously owned U.S. homes unexpectedly fell in April to a four-month low, undermining some of the recent optimism that the housing sector was touching bottom. Realtor Bolin shows a home to Amy and Eddie Deon in Riverside, California May 24, 2012. REUTERS/Alex Gallardo The National Association of Realtors said on Wednesday its… Read more »

US: Pending Home Sales Rose Again in March

March saw another increase in pending home sales, with contract activity rising unevenly in six of the past nine months, according to the National Association of Realtors(R). The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 5.1 percent to 94.1 in March from a downwardly revised 89.5 in February. The index… Read more »