U.S. pending home sales fall in April, despite lower mortgage rates – ETF Daily News

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Homebuying has been weaker than expected this spring, as tight supply limits the number of potential sales. Pending home sales in. price ranges. Lower mortgage rates were expected to help, but.

Signed contracts to buy existing homes fell 3.7 percent in May compared to April, according to the National Association of Realtors. April’s reading was revised down. These so-called pending home.

Pending home sales rose 1.6% from a month earlier to an index of 109 in December. Jan. 30, 2017 10:11 a.m. The U.S. housing market remained steady at the end of last year despite higher mortgage rates, according to an early indicator of home sales.

Sales of existing U.S. homes fell 0.4% in April Despite lower mortgage rates, pending home sales dropped in February Pending US home sales jump 4.6% in January

Pending home sales in. the number of previously owned homes under contract for sale was 0.5 per cent lower at 96.5.. sharply during the fall, the pending sales index has levelled off in.

(RTTNews) – Pending home sales in the U.S. jumped by slightly more than anticipated in the month of May, according to a report released by the National Association of Realtors on Thursday, with.

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WASHINGTON (AP) – Fewer Americans signed contracts to buy homes in April, reflecting the dearth of properties being listed for sale in the U.S. right now. The National Association of Realtors said Thursday that its pending home sales index fell 1.3 percent in April to 106.4, after rising for two consecutive months.

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U.S. stocks fell Monday, with major indexes dropping in a broad decline as the latest round of positive corporate earnings failed to excite investors. Despite the declines on the day, major indexes.