US pending home sales fell 1.5% in April

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July’s decline followed a 6.9% year-over-year slide in June, a 2.6% decrease in May, a 1.9% dip in April, a 3.6% drop in March, a 2.3% fall. in June. Homes spent an average of 36 days on the market.

Home shoppers signed 1.5% fewer contracts to buy existing homes in April compared with March, according to the National Association of.

Pending home sales rose 1.5% (median estimate was for. Purchase contracts fell in the Northeast and Midwest. Index of pending sales remains below 10-year high of 115 reached in April.

The National Association of Realtors said Thursday that its pending home sales index fell 1.5% to a reading of 104.3. Pending sales declined 2% over the past year.

US pending home sales fell 1.5% in April By JOSH BOAK May 30, 2019 FILE- In this March 28, 2018, file photo an under contract sign is shown outside a single-family home on the market in Denver.

Housing affordability hasn’t improved this much since 2013 In the United States and Canada, a commonly accepted guideline for housing affordability is a housing cost that does not exceed 30% of a household’s gross income. Canada, for example, switched to a 25% rule from a 20% rule in the 1950s. In the 1980s this was replaced by a 30% rule. India uses a 40% rule.

The National Association of Realtors said Thursday that its pending home sales index fell 1.5% to a reading of 104.3. Pending sales declined 2% over the past year. Sales have been hampered even.

. of Realtors said Thursday that its pending home sales index fell 1.5% to a reading of 104.3. Pending sales declined 2% over the past year. pending home sales were down 1.1% in April from a year.

The Pending Home Sales Index, a forward-looking indicator based on contract signings, fell 1.5% to 104.3 in April, down from 105.9 in March. Year-over-year contract signings declined 2.0%, making this.

WASHINGTON (AP) – Fewer Americans signed contracts on homes in April compared with the prior month, potentially signaling that rising prices have outweighed recent declines in mortgage rates. The National Association of Realtors said Thursday that its pending home sales index fell 1.5% to a reading of 104.3.

5 days ago. The Pending Home Sales Index, a forward-looking indicator based on contract signings, decreased to 105.6 in July, falling from June's 108.3.

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WASHINGTON – Fewer Americans signed contracts on homes in April compared with the prior month, potentially signalling that rising prices have outweighed recent declines in mortgage rates. The National Association of Realtors said Thursday that its pending home sales index fell 1.5% to a reading of 104.3.

The National Association of Realtors said Thursday that its pending home sales index fell 1.5% to a reading of 104.3. Pending sales declined 2% over the past year. Sales have been hampered even.