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News Headlines - pending home sales index

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Pending sales continue downward trend in April
Fewer homes were going under contract in April, continuing a 2018 trend that real estate professionals attribute to an ongoing shortage of available homes for sale. In the latest update of its Pending Home Sales Index, the National Association of ...

Inside NoVA

More headwinds beginning to push against U.S. housing market ...
Inside NoVA
After two straight months of modest increases, pending home sales dipped in April to their third-lowest level over the past year, according to the National ...

and more »

Builder Magazine

Pending Home Sales Index Dropped 1.3% in April
Builder Magazine
The National Association of Realtors Pending Home Sales Index declined 1.3% to 106.4 in April from an upwardly revised 107.8 in March. With last month's decrease, the index is down on an annualized basis (2.1%) for the fourth straight month. The PHSI ...
Pending home sales down 1.3% in April due to inventory shortagesInman.com
Realtors: Low supply continues to curb our home salesHousingWire
Pending Home Sales Dip In AprilSeeking Alpha
Mortgage News Daily -Reuters
all 37 news articles »

Growella (blog)

Mortgage Rates Roll-Up On Jobs Growth, Unemployment Data
Growella (blog)
The Bureau of Labor Statistics reports another month of workforce gains and another drop in the national unemployment rate; an update on today's mortgage rates and a look at the 5-day trend for interest rates; and, the Pending Home Sales Index from the ...


Homebuilders Stumble on Fed Policy Plan of Faster Rate Hikes
The Pending Home Sales Index, a forward-looking indicator based on contract signings, decreased 1.3% sequentially to 106.4 in April, marking the fourth consecutive month of decline. The index is also down 2.1% year over year. Housing starts and ...

and more »


Are homes in New Orleans overvalued? This report thinks so
... Association of Realtors blamed "severe housing shortages" across the country for slipping home sales. Pending home sales dipped in April to their third lowest level in the past year, according to the association's monthly Pending Homes Sales Index ...

and more »

Atlanta Agent magazine (press release) (blog)

Pending home sales lose steam in April
Atlanta Agent magazine (press release) (blog)
As a result, the index is down on an annualized basis of 2.1 percent for the fourth consecutive month. NAR's Pending Home Sales Index is “a forward looking indicator based on contract signings.” Similar to various housing market issues in 2018, NAR ...
NAR: High Home, Gas Prices Could 'Weigh on the Psyche' of Potential BuyersMortgageorb

all 4 news articles »

Business Insider

Home sales are dropping — and the trend behind why is becoming clear
Business Insider
The index, based on a national sample of the transactions handled by the NAR's members, is a leading indicator for actual sales. It takes into account sales of existing homes, and not of new homes. A sale is listed as pending when the contract is ...

US pending home sales fell 1.3% in April
Alpena News
The National Association of Realtors said Thursday that its pending home sales index fell 1.3 percent in April to 106.4, after rising for two consecutive months. The index has drifted downward 2.1 percent from a year ago as the housing shortage has ...

and more »

National Mortgage Professional Magazine

Mortgage Rates Slip, Pending Home Sales Stall
National Mortgage Professional Magazine
And speaking of home sales, the National Association of Realtors (NAR) reported pending home sales dipped in April to their third-lowest level over the past year. NAR's Pending Home Sales Index (PHSI) dropped by 1.3 percent to 106.4 in April from an ...

and more »
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