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Showing 21 - 30 of 41 results for "pending home sales"

Not that rainy day feeling again

BENJAMIN ONG  |  THURSDAY, 31 MAY 2012
... Sentiment has turned sour on Wall Street too. All because the National Association of Realtors (NAR) index of pending home sales dropped by 5.5% in April after rising by 3.8% the month before. Interpretation? Woe is the US housing market. If this doesn't ...

She's becoming right, mate

BENJAMIN ONG  |  MONDAY, 5 DEC 2011
... annualised rate of 307,000 units from 303,000 in September and 282,000 in the same month last year. Similarly, pending home sales soared 10.4% in October after gaining 4.6% in the previous month. And this pickup in economic activity is showing up in ...

Buy a toaster

BENJAMIN ONG  |  TUESDAY, 1 MAR 2011
... bail out deal; and, in the US overnight reports show that the housing sector remains in a slump -- January pending home sales fell 2.8 per cent following a 3.2 per cent drop in December - and personal spending rose by 0.2 per cent in January - half expectations ...

Lookin' good

BENJAMIN ONG  |  FRIDAY, 3 SEP 2010
... factory orders also confirm the continued expansion in the ISM manufacturing index. Good news on housing. US pending home sales jumped by 5.2 per cent in July following an upwardly revised 2.6 per cent (from 2.8 per cent) fall in the previous month. ...

Weak old news

BENJAMIN ONG  |  WEDNESDAY, 4 AUG 2010
... household savings rate rose to 6.4 per cent - the highest level in 12 months. No tax credit, no housing. US pending home sales fell by 2.6 per cent in June versus expectations for a 4 per cent increase and May's 29.9 per cent drop. It'll take a few more ...

Bad news bears

BENJAMIN ONG  |  FRIDAY, 2 JUL 2010
... for America or will go wrong...eventually. Bad news bears. The National Association of Realtors reported that pending home sales declined by a whopping 30 per cent to a fresh low of 77.6 in May. As if this wasn't to be expected given the expiry of the ...

Market Wrap - Morning

AAP  |  FRIDAY, 2 JUL 2010
... obtain a government homebuyer tax credit, an industry group said. The National Association of Realtors said its pending home sales index tumbled 30.0 per cent to 77.6 based on contracts signed in May. Meanwhile, the US manufacturing sector grew for the ...

Silver lining

BENJAMIN ONG  |  THURSDAY, 3 JUN 2010
... cent following good news on the US housing market. Ahh! Investors are back to watching US fundamentals now. US pending home sales rose by 6 per cent in April - better than the expected 5 per cent gain. Better, the previous month's gain of 5.3 per cent ...

Market Wrap - Morning

AAP  |  THURSDAY, 3 JUN 2010
... points, or 0.74 per cent, at 4,403.7. NEW YORK - Wall Street rebounded after a stronger-than-expected increase in pending home sales restored investor optimism towards the economy. The Dow Jones industrial average posted its third biggest gain of 2010. ...

Still waiting

BENJAMIN ONG  |  FRIDAY, 5 MAR 2010
... America's employment report. Most US retailers posted better-than-expected same store sales results for February. Pending home sales dropped by a higher-than-expected 7.6 per cent in January with sales falling in all regions. This was blamed on the weather. ...