Lennar (LEN) Remains Top Homebuilder Idea at Goldman Sachs
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Nov. MoM Pending Home Sales Up 0.8% vs 0.5% Expected
December 31, 2014 10:00 AM ESTNov. MoM Pending Home Sales Up 0.8% vs 0.5% Expected
UPDATE - More from the NAR:
Pending home sales slightly improved in November and are above year-over-year levels for the third straight month, according to the National Association of Realtors. All major regions except for the Midwest experienced a slight gain in activity in November.
The Pending Home Sales Index,* a forward-looking indicator based on contract signings, increased 0.8 percent to 104.8 in November from a slightly downwardly revised 104.0 in October and is now 4.1 percent above November 2013 (100.7) -- the highest year-over-year gain since August 2013 (5.6 percent).
Lawrence Yun, NAR chief economist, says... More
Oct. S&P/Case-Shiller 20-City Index at 0.76% vs 0.40% Expected
December 30, 2014 9:00 AM EST(Updated at 9:24 AM)
S&P Dow Jones Indices today released the latest results for the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices. Data released today for October 2014, shows that the pace of home prices across the country continues to decelerate although eight cities did see prices rise... More
