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Showing 11 - 20 of 41 results for "pending home sales"

Savings trap

BENJAMIN ONG  |  TUESDAY, 29 OCT 2013
... guessing last night's positive performance. Yep, 'twas (again) that bad data is good data rationale. Bad data - US pending home sales dropped by 5.6% in September (more than expected and the biggest since May 2010). Based to the National Association ...

Market Wrap AM

AAP  |  FRIDAY, 27 SEP 2013
... last week. Analysts had predicted jobless claims, a sign of the pace of layoffs, had increased to 325,000. Pending home sales fell 1.6 per cent in August, but that was less than the 2.3 per cent decline expected. LONDON - European stock markets wobbled ...

Market Wrap

AAP  |  FRIDAY, 28 JUN 2013
... above 15,000 points for the first time since June 19, following a drop in jobless claims and a big increase in pending home sales. The chief of the US Federal Reserve's New York branch, William Dudley, also weighed in to emphasise how quantitative easing ...

Market Wrap AM

AAP  |  FRIDAY, 28 JUN 2013
... increased 25.64 (0.76 per cent) to 3,401.86. The gains followed a drop in jobless claims and a big increase in pending home sales, fresh evidence that economic growth remains steady. Suggesting that markets had over-reacted to Fed policy statements last ...

More flip flopping ahead for Wall Street

BENJAMIN ONG  |  MONDAY, 3 JUN 2013
... last Thursday because disappointing eco stats - second estimate of first quarter real GDP, jobless claims and pending home sales - imply Ben's printing press will continue to work overtime. The Street down the following day because better-than expected ...

Out of sight, out of mind

BENJAMIN ONG  |  FRIDAY, 31 MAY 2013
... GDP growth revised lower to 2.4% from 2.5% (initial estimate) ; jobless claims increased by 10K last week; pending home sales rose by only 0.3% in April - equal the Fed's love will go on and on. However, markets still need convincing that the Fed taper ...

Market Wrap

AAP  |  TUESDAY, 30 APR 2013
... added 27.76 points, or 0.85 per cent, at 3,307.02. The gains came amid mixed indicators on the US economy. Pending home sales rose in March by 1.5 per cent and consumer spending rose by 0.2 per cent in March. Both numbers beat analyst expectations. LONDON ...

The virtuous cycle is back in play

BENJAMIN ONG  |  MONDAY, 4 MAR 2013
... February after a strong 14% jump in the previous month.... and houses. New home sales up by 15.6% in January; pending home sales up 4.5%. Higher sales send the supply of houses down and prices up. The FHFA house price index increased by 0.6% in December ...

Market Wrap - Morning

AAP  |  THURSDAY, 30 AUG 2012
... continued to come in mixed. Second quarter growth was revised upward to 1.7 per cent from 1.5 per cent, and data on pending home sales in July was strong. But the Federal Reserve's periodic Beige Book survey of regional economies, a key input into policy ...

Dressing the windows

BENJAMIN ONG  |  THURSDAY, 28 JUN 2012
... January's durable orders report showing a 4.9% slump? It's the same for the better-than-expected 5.9% jump in May pending home sales. The monthly volatility - it was down by 5.5% in April. The S&P 500 index closed 4.4% in January despite news that December ...