Pending Home Sales Inch Up +0.2%, Economists Expected +1.0 to +1.5%
November 30, 2015Spread the love
The Wall Street Journal reports Pending Home Sales Rise 0.2% in October , economists had predicted a 1.5% increase. The Bloomberg Econoday consensus was for a +1.0% gain. Sales of existing homes have been soft and are not likely to pick up in the next few months based on October’s pending sales index which is up only 0.2 percent
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Pending Home Sales Inch Up +0.2%, Economists Expected +1.0 to +1.5%