Pending home sales index rises 5.3% in June

Pending home sales index rises 5.3% in June
By Ruth Mantell
Last update: 10:00 a.m. EDT Aug. 7, 2008
WASHINGTON (MarketWatch) -- In a sign that the U.S. housing market may strengthen in coming months, an index of sales contracts on previously owned U.S. homes rose 5.3% in June from the prior month, the National Association of Realtors reported Thursday. The index, which is considered a leading indicator of existing home sales, was down 12.3% from the June 2007 level. Pending home sales in June rose in all regions, with a gain of 9.3% in the South, 4.6% in the West, 3.4% in the Northeast and 1.3% in the Midwest. The May pending home sales index was revised to a decline of 4.9% from the prior estimate of a 4.7% drop.

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• if you trade stocks, you will know what -putwriter- ♂ (20 bytes) () 08/07/2008 postreply 07:44:00

• 老扑，你这一卖CC在２０，PFE就不涨了。 -大有- ♂ (25 bytes) () 08/07/2008 postreply 07:59:39

• it is ex-dividend. 30cents is taken out of its price -putwriter- ♂ (0 bytes) () 08/07/2008 postreply 08:07:50

• 我们这六月卖房子卖得比较快，七月中后明显就很慢了 -wwwwoooo- ♀ (132 bytes) () 08/07/2008 postreply 09:08:17

• 本市六七月份所卖出的几乎都是卖给了银行，这数据水分大了。 -astermatch- ♀ (0 bytes) () 08/07/2008 postreply 13:53:58