Newsfeed: US Pending Home Sales Crash By Most On Record

Newsfeed: US Pending Home Sales Crash By Most On Record

Existing home sales crashed but new home sales rebounded in November, which leaves today’s pending home sales as the deciding vote for just how apparently dismal the US housing market really is.. and the decision is – the housing market is in trouble as pending home sales tumbled 4.0% MoM (vs -1.0% exp) and October’s drop was revised even deeper…

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