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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 with average 30-year mortgage rates slipping below 4% this week, according to mortgage buyer Freddie Mac. That average is down from nearly 5% in November, though cheaper home loans have done little to boost real estate purchases.

Like pending home sales (out Thursday), new home sales are based on. of Realtors gave us a look at existing single-family and condo home contract. down 0.7 percent from June to register 1.5 percent below last year at a pace of 5.34.

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.

The market in Suffolk was particularly active. There were 1,869 pending Suffolk home sales in April, up a whopping 13.5 percent from the 1,646 pending sales recorded in April 2018.

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.

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.

Despite declining mortgage rates, pending home sales retreated 1.5% in April, according to the latest report from the National Association of.

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.

Home sales and prices fell year over year in San Francisco, San Jose. U.S. home-sale prices were essentially unchanged in March, ticking.. Denver was the fastest market, with half of all homes pending sale.. Tucson, AZ, $219,000, 1.5%, 6.8%. Year-Over-Year Home Price Growth 3 Percent in June.

Pending home sales down 2% annually, a sign that years of rising prices have hurt affordability despite recent declines in mortgage rates. US pending home sales fell 1.5% in April | The Kansas.

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pending home sales retreated 1.5% in April, according to the latest report from the National Association of Realtors. The Pending Home Sales Index, a forward-looking indicator based on contract.