US pending home sales hit 8 month high
US pending home
Washington - SPA
The number of Americans who signed contracts to buy homes increased in May, but the pace of buying this year remains slower than in 2013, the National Association of Realtors said Monday.
The association said that its seasonally adjusted pending home sales index rose 6.1 percent to 103.9 last month. It was the sharpest month-over-month gain in more than four years. The index remains 5.2 percent below its level a year ago.
Pending sales are a barometer of future purchases. A one- to two-month lag usually exists between a contract and a completed sale.
Lower mortgage rates and increased supplies of homes on the market drove much of the gains. Signed contracts in May rose in all four U.S. regions.
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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