Pending home sales index falls
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Pending sales of existing U.S. homes  fell 1.7 percent in October but held above the low hit in July,  suggesting the housing market is stabilizing, a real estate  trade association said on Monday.
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WASHINGTON -- Sales of existing homes, depressed by turmoil in credit markets, fell for a sixth straight month in August, pushing activity to the lowest point in five years.
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Pending sales of existing homes hit the lowest level in more than five years in May and factory orders dipped modestly, according to reports on Tuesday that showed the economy struggling to keep moving forward.
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Stock futures slipped on Tuesday, as  investors were cautious ahead of key U.S. housing data that may  shed light on the troubled housing market.
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Sales of existing U.S. homes fell  more than expected in July, as the housing market took a  breather from its record-toppling run, a trade association  report showed on Tuesday.
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Sales of previously owned homes declined last month as the supply of unsold properties on the market ballooned and prices declined compared with those a year earlier.
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Sales of existing U.S. homes fell more than expected in July, as the housing market took a breather from its record-toppling run, a trade association report showed on Tuesday.
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U.S. stocks edged lower on Friday as weaker-than-expected data on new home sales reinforced worries about the housing and mortgage markets.
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Pending home sales dipped in November, a trade group for real estate agents said, but the association expects sales to pick up in the second half of 2008.
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Pending sales of previously owned homes plunged 12.2 percent in July and planned lay-offs by companies surged 85 percent in August due to turmoil in the subprime mortgage market, independent reports showed on Wednesday.
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Pending sales of existing U.S. homes in April unexpectedly fell to its lowest since February 2003, data from a real estate trade group showed on Friday.
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Pending sales of existing homes fell 2.6 percent in November from an October level that was revised sharply upwards and sales should hold steady over the next few months, a real estate trade group said Tuesday.
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Stocks declined Monday, the last day of a volatile and difficult year on Wall Street, as investors awaited a report on home sales.
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U.S. home sales will be a good deal   weaker this year than earlier forecast and prices are likely to   fall below year-ago levels temporarily as buyers stay on the   sidelines, a realtors group said on Thursday.
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Despite relatively low mortgage rates,  U.S. applications for home loans dropped last week as a  decrease in purchasing activity offset an increase in  refinancing activity, an industry group said on Wednesday.
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Pending sales of existing U.S. homes in May unexpectedly fell to their lowest level in more than 5-1/2 years, data from a real estate trade group showed on Tuesday in a sign of continued weakness in the housing sector.
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Stock futures slipped on Tuesday, as investors were cautious ahead of key U.S. housing data that may shed light on the troubled housing market.