trending Market Intelligence /marketintelligence/en/news-insights/trending/s4hw6yy4rda03puaud0cig2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

US pending home sales rebound in February

Key Credit Risk Factors When Assessing Banks In The Context Of COVID-19

Street Talk Episode 61 - Investors debate if U.S. banks have enough capital in post COVID world

You Down With PPP? Consider The Risks

Street Talk Episode 60 - You Down With PPP? Consider The Risks


US pending home sales rebound in February

Pending home sales in the U.S. rebounded in February on improved contract signings, but the low number of listings weighed on affordability and overall activity, data from the National Association of Realtors, or NAR, showed.

The pending home sales index rose 3.1% to 107.5 in February from a downwardly revised 104.3 in January, beating Econoday's estimate of 3.0% growth. Compared with a year ago, sales were down 4.1%.

The pending sales index in the Northeast went up 10.3% month over month to 96.0 in February, while the measure in the Midwest inched up 0.7% to 98.9.

The index in the South rose 3% to 125.7, whereas the West was up 0.4% to 96.9.

"Homeowners are already staying in their homes at an all-time high before selling, and any situation where they remain put even longer only exacerbates the nation's inventory crunch," NAR chief economist Lawrence Yun said.

Looking ahead, existing-home sales are expected to reach 5.51 million in 2018, flat from 2017.