Apr. Pending Home Sales:-5.5% to 95.5 vs. +0.5% expected; +4.1% prior.
May 30 2012, 10:01 ET
Apr. Pending Home Sales
to 95.5 vs. +0.5% expected; +4.1% prior.
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And April is usually a big home sale month......springtime is home search time..
30 May 2012, 10:07 AM
This is expected news if you're listening to the right people; who also think home price and lack of sales activity is a TREND that will be with us for a very long time, and that it is not a phenomenon that will shortly end and reverse.
30 May 2012, 10:22 AM
The level of miss versus expectations is actually in the realm of the ridiculous.
30 May 2012, 12:26 PM
One of the Toll brothers dumped another big diaper-load of shares of TOL stock onto the market again. I'm guessing that he sold the pile of shares as a charitable gesture so the herd of home-builder bulls can get into TOL stock while it's still "cheap". (Sarcasm alert)
30 May 2012, 09:06 PM
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