US pending home sales fell 1.5% in April

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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.

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.

US pending home sales fell 1.5% in April May 30, 2019 at 7:02 am Updated May 30, 2019 at 8:35 am FILE- In this March 28, 2018, file photo an under contract sign is shown outside a single-family.

The NAR’s pending home sales index dropped to a reading of 104.3, down 1.5% from the prior month. Economists polled by Reuters had forecast pending home sales would rise 0.9% last month.

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.

Pending home sales in the South fell 2.5% to an index of 124.0 in April, which is 1.8% lower than last April. The index in the West dropped 1.8% in April to 93.5 and fell only 1.5% below a year ago. The National Association of Realtors is America’s largest trade association, representing more than 1.3 million members involved in all aspects.

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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.

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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.

LIVE - Floor of the NYSE! May 31, 2019 Financial News - Business News - Stock News - Market News The National Association of Realtors says that its pending home sales index fell 1.3 percent in April to 109.8, after slipping 0.9 percent in March to 111.3. Potential buyers are crowding open houses.

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 with average 30-year mortgage rates slipping below 4% this week, according to mortgage buyer Freddie Mac.