Pending home sales unexpectedly break six-month losing streak in May - Fox Business

Despite May's small gain in pending sales, National Association of Realtors chief economist Lawrence Yun warns contract signings are still down sizably compared to a year ago due to higher mortgage rates

Pending home sales unexpectedly broke a six-month streak of declines in May, climbing 0.7% to a reading of 99.9, according to the National Association of Realtors.  Economists surveyed by Refinitiv … [+2671 chars]

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