Newsfeed: Pending Home Sales Suffered Worst Annual Decline Ever In 2022, Despite December Surge

Newsfeed: Pending Home Sales Suffered Worst Annual Decline Ever In 2022, Despite December Surge

While existing home sales slipped to cycle lows in December, new home sales bounced and this morning analysts were surprised to see pending home sales rise 2.5% MoM (against expectations of a 1.0% decline), and November’s decline was revised higher…