Pending home sales fell by more than expected in February

Equity-rich properties rise as fewer go underwater 13.6 million property owners nationwide are considered equity rich, thanks to rising home prices. ATTOM Data Solutions’ latest U.S. Home Equity and underwater report shows that nearly a quarter of all mortgaged homes in the U.S are equity rich, meaning the combined loan amount secured by the property is 50 or less than the estimated market value.

Contract signings to purchase previously owned homes fell more than estimated in February, suggesting that the prior month’s surge resulted from pent-up demand and that a sustainable recovery may take more time. The index of pending home sales fell 1% from the prior month, after a downwardly revised 4.3% increase in January, according to data

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Sales sank in December and only partly recovered in January, hindered by a partial government shutdown that last more than a. index fell in February to the lowest level since before Donald Trump.

February 2019 Housing Market Update Los Angeles & South Bay U.S. Pending Home Sales Fell by More Than Expected in. – U.S. Pending Home Sales Fell by More Than Expected in February March 28, 2019 March 28, 2019 BrianAnthony The data add to a mixed picture of the U.S. housing market; increased demand for homes in coming months.

NEW YORK ( — Sales of existing homes rose more than expected in July, but prices continued to fall and inventory increased. and it’s the highest pace since February. Still, July sales.

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“February home sales declined across a broad swath of large and smaller Canadian cities,” CREA chief economist Gregory Klump said Friday in a statement. CREA said February sales by its members fell.

After reporting U.S. new home sales at their highest level in over four years in the previous month, the Commerce Department released a report on Tuesday showing that new home sales pulled back by more than expected in the month of February.