Pending Home Sales Decline in August

WASHINGTON (Reuters) – Contracts to buy previously owned U.S. homes decreased in August, indicating the robust housing market could be losing some steam. The National Association of Realtors said on.

Pending home sales fell slightly in August and have now decreased on an annual basis for eight straight months, according to the National Association of Realtors. The pending home sales index , a forward-looking indicator based on contract signings, decreased 1.8 percent to 104.2 in August from 106.1 in July.

WASHINGTON, Sept. 27, 2018 /PRNewswire/ — Pending home sales fell slightly in August and have now decreased on an annual basis for eight straight months, according to the National Association of.

WASHINGTON (AP) – Pending home sales slipped in August as fewer Americans signed contracts to purchase a house, the fourth decline in the past five months.

The Pending Home Sales Index, a forward-looking indicator based on contract signings, eased 1.6 percent to 107.7 in August from a downwardly revised 109.4 in July, but remains 5.8 percent above.

It was only the second time this year that NAR’s pending home sales index had fallen month-on-month, after a drop in June. The August decline in pending sales surprised analysts, who had forecast they.

Pending home sales slipped in August as fewer Americans signed contracts to purchase a house, the fourth decline in the past five months. The National Association of Realtors said Thursday that.

WASHINGTON – Pending home sales slipped in August as fewer Americans signed contracts to purchase a house, the fourth decline in the past five months. The National Association of Realtors said.

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Pending Home Sales Decline in August but Remain Above a Year Ago Posted on September 29, 2011 by Admin Washington, DC, September 29, 2011 ( Realtor.org ) Pending home sales slipped in August with a mixed regional performance but are higher than a.

Pending home sales in the South fell 3.5 percent to an index of 116.9 in August, but are 3.7 percent above a year ago. The index in the West declined 1.6 percent in August to 106.9, but is 1.7.

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 · A seasonal slowdown, higher interest rates and strict lending standards led to a small decline in pending sales of existing homes in August, according to.