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Tag: pending sales

USA: Pending home sales rose unexpectedly in May

USA: Pending home sales rose unexpectedly in May USA: Pending home sales rose unexpectedly in May

New US second-hand housing contracts rose unexpectedly in May, ending a negative six-month losing streak as higher mortgage rates continued to curb demand. In particular, the index for pending home sales rose 0.7% in May to 99.9, after a two-year low in April, the National Association of Brokers (NAR) announced today. Analysts in a Reuters […]

US: Pending home sales decline in November

US: Pending home sales decline in November US: Pending home sales decline in November

Outstanding home sales in the US fell in November after a “jump” in October, as high prices and low supply seem to make prospective buyers more reluctant, according to data released by the National Brokers Association. Association of Realtors) on Wednesday. More specifically, the index of outstanding home sales, based on the signed purchase contracts, […]