IPFS News Link • Housing
US Pending Home Sales Unexpectedly Plunged In April "Due To Lack Of Affordable Homes"
• https://www.zerohedge.com by Tyler DurdenCompleting the trifecta of terrible housing data, pending home sales tumbled 4.4% MoM in April...
That is the 3rd drop for pending home sales in the last 4 months.
That shifts the NAR index to its lowest since May 2020...
Source: Bloomberg