Pending home sales fell by more than expected in February

U.S. Pending Home Sales Fell by More Than Expected in February March 28, 2019 March 28, 2019 The data add to a mixed picture of the U.S. housing market; increased demand for homes in coming months.

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Pending sales are based on signed contracts that have not yet closed, so they are a gauge of future sales. SEE ALSO: existing home sales ease in February from a 10-year high More: Pending Home Sales

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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.

 · Sales fell in all four regions of the country last month. Economists polled by Reuters had forecast existing home sales would fall 3.8 per cent to a rate of 5.30 million units last month.

LIVE - Floor of the NYSE! Mar. 29, 2019 Financial News - Business News - Stock News - Market News PropertyWire U.S. Pending Home Sales Made Unexpected Drop in February The index of pending U.S. home sales fell by 1% month-to-month in February. to purchase a median-priced property in more than.

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THE TAKEAWAY: [US Pending Home Sales fell more than expected in February] > [Inventory shortage held back a further recovery in housing, while demand remains high] > [USD/CAD Bullish] The number.

U.S. pending home sales rebound More Than Expected In February March 29, 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.

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Week in Review February 2, 2018. The Dow and S&P 500 lost about 4% on the week while NASDAQ dropped 3.5%, with about half of the loss coming on Friday, when the dow plunged 666 points, or more than 2.5%. But the rout wasn’t confined to the U.S. European stocks fell more than 3% while chinese stocks lost nearly that much. Hong Kong and Japanese stocks were down more than 1.5%.

Existing-home sales fell again in January, hitting a three-year low. This is the latest in a series of gloomy results for the housing market, which took a dark turn toward the end of 2018 .

The Taiwan Stock Exchange now rests just above the 10,535-point plateau although it’s expected. more than estimated in the fourth quarter. Also, the National Association of Realtors noted an.