pending home sales

U.S. Pending Home Sales Rise to Highest in 2.5 Years

A measure of Americans who signed contracts to buy homes increased last month to its highest level in two and a half years, the latest sign of improvement in the once-battered housing market. The National Association of Realtors said Friday that its seasonally adjusted pending home sales index rose 1.7 percent in November from October to 106.4.

Week in Preview: Employment, Bernanke & More Retail Earnings

This week we turn the calendar page, and that change brings with it a raft of economic data. Fed Chairman Ben Bernanke will deliver his semiannual monetary policy testimony before Congress, while Wall Street waits on more earnings reports.

Pending-Home Sales Rose 2% in December

The number of people who signed contracts to buy homes rose in December, marking the fifth increase in the past six months. The National Association...

This Week: Major Earnings and Reports Every Day

With corporate earnings season in full swing -- watch for McDonalds, along with Catepillar, Amazon and other -- and with the Fed meeting on interest rates, the GDP estimate and housing numbers coming out -- the week ahead is expected to be quite busy.

A Rising Economy Is Pushing Down Treasurys

Doomsayers insist the recent rapid rise in yields signals the nation's creditors finally getting fed up with financing U.S. deficits. But a stronger argument can be made for blaming the better-than-expected economic reports that have been piling up recently.

Pending Home Sales Rebound Strongly

Aided by an improving job market and comparatively low mortgage rates, U.S. pending home sales surged a record 10.4% in October. Still, despite the good news, the latest new and existing home sales reports suggest a sluggish, uneven U.S. housing sector recovery, at least into early 2011.

Pending Home Sales Drop Points to Uneven Recovery

Pending home sales in the U.S. unexpectedly fell 1.8% in September, the National Association of Realtors reported Friday. It was the statistic's first decline in three months, and one that suggests that the housing sector's recovery is likely to remain uneven through at least early 2011.

Pending Home Sales Rose in August

U.S. pending home sales rose a better-than-expected 4.3% in August. The second straight monthly rise in pending sales may be another sign of housing sector stabilization, or it may merely reflect an elongated impact of the home buyer tax credit, which was extended to September 30 from June 30.

Pending Home Sales Unexpectedly Grew in July

U.S. pending home sales unexpectedly rose 5.2% in July -- a rise that may be a sign of housing sector stabilization, or it may merely reflect an elongated impact of the home buyer tax credit, due to an extended closing deadline.

Pending Sales for U.S. Homes Fell 2.6% in June

The U.S. housing market suffered another modest setback in June as pending sales of homes fell 2.6%, but less than the 3.7% consensus estimate. Still, pending sales are now 18.6% lower than the June 2009 figure.

Pending Home Sales Rise Before Tax Credit Expires

With the federal home buyer tax credit serving as a tailwind, pending home sales rose 5.3% in March, the National Association of Realtors said. The trend is good news for the sector and the economy, but job growth will be needed to sustain it in the long-term.

Pending Home Sales Inch Higher in December

U.S. pending home sales increased just 1% in December, as buyer activity dropped-off with the approach of the the November 30 expiration of the original home buyer tax credit. Congress has since extended and expanded the program through April 30, 2010.

A Drop for Pending Home Sales

The housing market suffered a setback on Tuesday as sales of pending homes plunged 16% in November, according to the National Association of Realtors. Buying dropped off substantially as the Nov. 30 expiration date for the original first-time homebuyers tax credit approached. Pending home sales tumbled in nearly every region. They plummeted 25.7% in the Northeast and Midwest, dropped 15% in the South, but dipped just 2.7% in the West.

Pending home sales surge in April

Make it three for three for pending home sales. Sales of pending homes -- sales contracts people have signed for existing homes -- unexpectedly...