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WASHINGTON, March 27- Contracts to buy previously owned U.S. homes fell in February, held back by a shortage of properties, but there is little to suggest that the housing market's recovery is stalling. The National Association of Realtors on Wednesday said its Pending Home Sales Index, based on contracts signed last month, slipped 0.4 percent to 104.8.
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WASHINGTON, March 27- Contracts to buy previously owned U.S. homes fell in February, held back by a shortage of properties, but there is little to suggest that the housing market's recovery is stalling. The National Association of Realtors on Wednesday said its Pending Home Sales Index, based on contracts signed last month, slipped 0.4 percent to 104.8.
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WASHINGTON, March 27- Contracts to buy previously owned U.S. homes fell in February, held back by a shortage of properties, but there is little to suggest that the housing market's recovery is stalling. The National Association of Realtors on Wednesday said its Pending Home Sales Index, based on contracts signed last month, slipped 0.4 percent to 104.8.
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WASHINGTON, March 27- Contracts to buy previously owned U.S. homes fell in February, held back by a shortage of properties, but there is little to suggest that the housing market recovery is stalling. The National Association of Realtors said on Wednesday its Pending Home Sales Index, based on contracts signed last month, slipped 0.4 percent to 104.8.
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March 27- National Association of Realtors monthly index of pending sales of existing U.S. homes, seasonally adjusted. Feb Jan JanPrev Feb'12 Pending index 104.8 105.2 105.9 96.6 Feb Jan JanPrev Feb'13/12 Pct change -0.4 3.8 4.5 8.4. Reuters survey of Wall Street economists forecast:.
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March 27- National Association of Realtors monthly index of pending sales of existing U.S. homes, seasonally adjusted. Feb Jan JanPrev Feb'12 Pending index 104.8 105.2 105.9 96.6 Feb Jan JanPrev Feb'13/12 Pct change -0.4 3.8 4.5 8.4. Reuters survey of Wall Street economists forecast:.
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----------------------------------------------------------0799/ 1100: The USDA issues weekly world rice price. 1000/ 1400: National Association of Realtors issues Pending Home Sales for February. 1030/ 1430: EIA issues weekly U.S. oil stocks and output. 1300/ 1700: The Treasury Department sells 5- year notes.---------------------------------------------------------- DIARY- Federal Reserve Events U.S.
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WASHINGTON _ National Association of Realtors releases pending home sales index for February, 10 a.m. Eastern.
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WHAT: National Association of Realtors Pending Home Sales, February. FORECASTS Reuters IFR Previous Pending home sales -0.2 -2.0 +4.5. --by Theodore Littleton of IFR Markets, a unit of Thomson Reuters.
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WASHINGTON-- Sales of new homes likely slipped in February after climbing to a 4 1/ 2- year high in January. The report will be released at 8:30 a.m. EDT Tuesday. Last week, the National Association of Realtors reported that sales of previously owned homes rose 0.8 percent in February to a seasonally adjusted annual rate of 4.98 million units.
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March 21- The following is data on U.S. existing home sales from the National Association of Realtors: Units Sold Feb Jan JanPrev Dec Feb'12 Total Existing Homes 4.98 4.94 4.92 4.90 4.52 Single Family 4.36 4.37 4.34 4.33 4.01 Condos/Co-ops 0.620 0.570 0.580 0.570 0.510 Units Sold, Pct Change Feb Jan JanPrev Feb13/12 Total Existing Homes 0.8 0.8 0.4 10.2 Single Family -0.2 0.9 0.2 8.7 Condos/Co-ops 8.8 0.0 1.8 21.6 Feb Jan JanPrev Dec Feb'12 Total Median Price 173.6 170.6 173.6 180.2 155.6 Median Pct Change 1.8 -5.3 -3.7 11.6 Average Price 221.7 218.3 221.2 230.6 201.6 Average Pct Change 1.6 -5.3 -4.1 10.0 Units Available 1.940 1.770 1.740 1.830 2.400 Months' Worth of Supply 4.7 4.3 4.2 4.5 6.4 FORECAST:.
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March 21- The following is data on U.S. existing home sales from the National Association of Realtors: Units Sold Feb Jan JanPrev Dec Feb'12 Total Existing Homes 4.98 4.94 4.92 4.90 4.52 Single Family 4.36 4.37 4.34 4.33 4.01 Condos/Co-ops 0.620 0.570 0.580 0.570 0.510 Units Sold, Pct Change Feb Jan JanPrev Feb13/12 Total Existing Homes 0.8 0.8 0.4 10.2 Single Family -0.2 0.9 0.2 8.7 Condos/Co-ops 8.8 0.0 1.8 21.6 Feb Jan JanPrev Dec Feb'12 Total Median Price 173.6 170.6 173.6 180.2 155.6 Median Pct Change 1.8 -5.3 -3.7 11.6 Average Price 221.7 218.3 221.2 230.6 201.6 Average Pct Change 1.6 -5.3 -4.1 10.0 Units Available 1.940 1.770 1.740 1.830 2.400 Months' Worth of Supply 4.7 4.3 4.2 4.5 6.4 FORECAST:.
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Applications for U.S. home mortgages tumbled for a second week in a row last week as interest rates continued to climb to seven-month highs, data from an industry group showed on Wednesday.
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More U.S. homeowners were hit with new foreclosure filings in February, pointing to the challenges the market still faces even as the housing recovery gains traction, RealtyTrac reported Thursday.
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Mortgage rates spiked last week, sapping demand for home loans on the heels of a sharp rebound in applications the previous week, data from an industry group showed on Wednesday.
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MIAMI, March 10- Argentine developer Jose Luis Melo watched as Miami's real estate market reeled from the U.S. housing crash and thousands of the city's condominiums sat unsold-- and decided it was time to build. It was late 2010 and Melo, who runs the Melo Group real estate company with his two sons, bought a $1.4 million parcel of land near downtown Miami.
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U.S. home prices rose as more homeowners turned to distressed sales rather than foreclosure, in another sign the recovery in the housing market is gaining traction, data from CoreLogic showed on Tuesday.
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Kwon Ping Ho, Chairman at luxury hotel company Banyan Tree Holdings, says demand for its big-ticket projects is helped by the "wealth effect" in Asia.
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Calls for ending the mortgage interest deduction are circling through Washington. Proponents of the deduction say they're prepared to fight to the bitter end.
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Feb 26- A top Federal Reserve official on Tuesday urged a better understanding of the investors, large and small, who are buying up the stock of foreclosed homes and converting them into rental housing.