Pending Home Sales Plummet 35% YoY - Biggest Drop Ever As Buyers Forfeit Deposits

Source: https://www.zerohedge.com/personal-finance/pending-home-sales-plummet-35-yoy-biggest-drop-ever
Published: May 28, 2020
Author: Tyler Durden
Post Date: 2020-05-28 21:44:31 by Ada
Views: 667

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: Lod    To: Ada (#0)

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

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


#2: Esso    To: Lod, 4um (#1)

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   Reply   Private Reply