Pending Home Sales Fall After 9 Months Of Gains

The 16 percent decline in November was far larger than the 2 percent expected by economists.

Sections:  news   business   
Topics:  2009   economy   housing market   november   pending home sales   
RELATED ARTICLES
  • US home sales rebound slightly in February
    U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
  • Dollar rises above 100 yen for 1st time in 4 years
    The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
  • Obama to open middle-class jobs, opportunity tour
    Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
  • US home building is surging, but job growth isn't
    The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More
BING NEWS:
  • Area home sales continue to climb in first quarter
    Home sales for the first quarter of this year show a market on the upswing compared to the same time last year.
    04/24/2024 - 6:08 am | View Link
  • US new home sales surged in March despite elevated mortgage rates
    Sales of newly built single-family homes in the United States soared in March despite mortgage rates remaining elevated that month.
    04/23/2024 - 12:19 am | View Link
  • Haverty Furniture: Conflicted About This Home Furnishing Retailer (Rating Downgrade)
    Haverty is staring at weaker sales, GM, and EPS outlook in FY24. Click here to read why we think a Hold rating feels fitting for HVT stock.
    04/22/2024 - 9:29 pm | View Link
  • Huntsville area home sales fell below 2023 levels in March
    With interest rates expected to continue to fall through mid-year, real estate analysts and Realtors are expecting 2024 to be a stronger year in home sales than 2023. For the first two months, things ...
    04/19/2024 - 12:46 am | View Link
  • Prices up, sales down in early spring housing market
    The signs of spring are all around: the days are getting warmer, baseball is back, and Massachusetts home prices are setting records as demand continues to significantly outpace the inventory of ...
    04/17/2024 - 12:09 am | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News