Pending Home Sales Fall, But Still Holding Most of 2019’s Gains

Job creation in the West is solid, but there is still a desperate need for more home construction," he added. The drop came despite buyers having the benefit of lower mortgage rates .

pending home sales Fall, But Still Holding Most of 2019’s Gains; Are Rates Really Under 4.00%? Yes and No. Mortgage News Daily May 30, 2019 Leave a comment

2 Things You Need to Know to Properly Price Your Home  · 2 Things You Need to Know to Properly Price Your Home June 8, 2019 by Maureen Moran Leave a Comment In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%).

Pending Home Sales Fall, But Still Holding Most of 2019’s Gains April’s pending home sales had been expected to build on the gains posted in two of the three previous months, but they retreated instead.

April’s pending home sales had been expected to build on the gains posted in two of the three previous months, but they retreated instead. The National Association of Realtors (NAR) said its Pending home sale index (PHSI), a measure of newly signed home purchase contracts, fell 1.5 percent from its March level. The Index, with a 104.3

Lawrence Yun, NAR chief economist, says October’s minuscule uptick in contract activity nudged pending sales up to their highest level since July (111.2). "Most. home sales in the South declined.

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“The pending home sales numbers do keep ratcheting up. They advanced through the second quarter and they seem to be holding most of the gains,” said Mike Englund. because it is a sign production is.

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Tags: real estate, housing market, home prices, new home sales, existing home sales, pending home sales, mortgages Devon Thorsby is the Real Estate editor at U.S. News & World Report, where she writes consumer-focused articles about the homebuying and selling process, home improvement, tenant rights and the state of the housing market.

U.S. pending home sales fall in April, despite lower mortgage rates. Prices are still higher than they were a year ago, but the gains have been shrinking with each month.. the Realtors.