Pending home sales declined to four-year low in October

San Francisco County was the anomaly with pending sales rising 15.1 percent from a year ago. Pending home sales were down 7.3 percent from October 2016 in Southern California. Los Angeles and Orange counties registered lower annual pending sales of 4.7 percent and 4.9 percent, respectively.

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Near-record low inventory has hampered home sales. Compared to one year ago, pending sales were down 3.8 percent to the lowest level since October 2014. Last month, contracts in all four major.

The National Association of Realtors said its Pending Home Sales Index (PHSI) declined 1.3 percent in April, down from its March reading of 107.8 (revised from 107.6) to 106.4. The index, a.

WASHINGTON (Alliance News) – Pending home sales in the US unexpectedly showed a substantial decrease in the month of October, according to a report. economist Lawrence Yun noted a similar period of.

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Pending home sales have declined in six of the last eight months, signaling more trouble for the housing sector. The monthly reading for October remained unrevised at 0.6% decline from the.

Contract signings to purchase previously-owned U.S. homes unexpectedly fell by the most since January, reaching the lowest level since.

Pending Home Sales in U.S. Declined to Four-Year Low in October Shobhana Chandra Nov 29 2018, 3:00 PM Nov 29 2018, 6:16 PM November 29 2018, 3:00 PM November 29 2018, 6:16 PM

Pending home sales dip to four-year low. Nov 29, 2018 12:45 ET Pending home sales flag in October Existing-home sales heated up in October, but the latest data on contract signings suggests the U.S. housing market will go back into a freeze this winter.. Pending home sales fall again.

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Pending Home Sales in U.S. Declined to Four-Year Low in October Shobhana Chandra , Bloomberg News (Bloomberg) — Contract signings to purchase previously-owned U.S. homes unexpectedly fell by the most since January, reaching the lowest level since mid-2014 amid mounting evidence that the housing market is struggling.

Pending sales of U.S. existing homes unexpectedly declined in September. from the Labor Department showed today. Payrolls in October climbed 151,000, exceeding the most optimistic estimate in a.

Pending Home Sales Decline in April. Year-over-year, the PHSI increased 2.7% in the South, but declined by 4.6% in the West, 5.1% in the Midwest and 7.0% in the Northeast. Existing sales fell last month, and the combination of a tight inventory, rising mortgage rates and higher prices suggest more of the same this spring.

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