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New Home Sales Preview
Friday, July 24, 2015 - 6:31am | 186Read More...Following Wednesday's strong existing home sales report, new home sales are due out at 10:00 a.m. ET. New home sales are forecast to show another strong gain for June, at a consensus gain of 0.9 percent to a 550,000 rate vs. May's 546,000, with estimates ranging from 535,000 to 570,000. Builders...
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Existing Home Sales Hit Nearly 6-Year High
Monday, June 22, 2015 - 11:25am | 292Read More...Fueled partly by an increase in sales to first-time buyers, existing home sales increased in May to their highest pace in nearly six years, coming in at 5.35 million units versus consensus estimates of 5.25 million, according to the National Association of Realtors. All major areas saw increased...
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Existing Home Sales Expected To Rebound
Monday, June 22, 2015 - 7:14am | 303Read More...Existing home sales for May are due out at 10:00 a.m. ET, with expectations of an increase to a 5.25 million annual rate versus the April level of 5.04 million, according to Bloomberg, with estimates ranging from 5.15 million to 5.35 million. Existing home sales show the number of previously...
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December Existing Home Sales Up 2.4%, Full-Year Sales Sink
Friday, January 23, 2015 - 12:34pm | 200Read More...The pace of existing-home sales crept up in December but closed the year down 3.1 percent compared with 2013, according to a trade group Friday. Sales were measurably better in the second half of 2014, up 8 percent compared to the first six months of the year, according to the National...
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Housing Update: Pending Home Sales Surge In May
Monday, June 30, 2014 - 11:01am | 663Read More...The National Association of Realtors reports that Pending Home Sales in May rose by 6.1 percent. May’s jump in home sales was the largest monthly increase since April 2010, was well above expectations for an increase of 1.1 percent, and above last month’s rise of 0.4 percent....
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Janet Yellen's Testimony Makes A Good First Impression With Analysts
Wednesday, February 12, 2014 - 8:29am | 728Read More...Janet Yellen made her first congressional appearance as Chair of the Federal Reserve on Tuesday, testifying on economic policy issues before the House Financial Services Committee. And she appeared to make a strongly positive first impression. Her cordial approach, along with her signaling of...
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Existing Home Sales and Prices Continue to Rise
Wednesday, May 22, 2013 - 1:20pm | 712Read More...Tight inventories of homes for sale hindered sales of existing homes in April, the National Association of Realtors reported Wednesday, but that didn't stop sales from reaching a three-year high. In April, total existing-home sales, which are completed transactions that include single-family...
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Pending Home Sales Increase 1.5%; Low Inventory Crimps Sales
Monday, April 29, 2013 - 12:39pm | 297Read More...The National Association of Realtors released its Pending Home Sales Index Monday. The group reported that, even though pending home sales increased in March and are above year-ago levels, “contract activity in recent months shows only modest movement,” according to the National Association of...
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November Saw Pending Home Sales Plummeting (PHM, KBH, TOL, XHB, LEN)
Tuesday, January 5, 2010 - 12:48pm | 294Read More...Pending home sales fell by 16% during November, 2009. This fall was mainly due to the expiry of the tax credit for new homeowners. According to the National Association of Realtors, the tax was to expire on November 30th. However, the tax credit scheme was extended until April, 2010. Now this...
