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Title: Pending Home Sales Plummet 35% YoY - Biggest Drop Ever As Buyers Forfeit Deposits
Source: [None]
URL Source: https://www.zerohedge.com/personal- ... ummet-35-yoy-biggest-drop-ever
Published: May 28, 2020
Author: Tyler Durden
Post Date: 2020-05-28 21:44:31 by Ada
Keywords: None
Views: 583
Comments: 2

Existing home sales collapsed but new home sales rebounded in April, which leaves pending home sales to break the tie and analysts expected a 17.3% MoM drop. However, pending home sales disappointed notably with a 21.8% MoM collapse, sending YoY sales crashing 34.6% - the most ever...

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#1. To: Ada (#0)

I'm surprised that it's not much worse.

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2020-05-28   22:11:24 ET  Reply   Trace   Private Reply  

I'm surprised that it's not much worse.

It is, at least here in FW.

Esso  posted on  2020-05-28   23:46:12 ET  Reply   Trace   Private Reply  

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