NEWS: US April pending home sales -4.4% m/m vs +0.5% expected May 27, 2021 at 03:00PM

NEWS: US April pending home sales -4.4% m/m vs +0.5% expected May 27, 2021 at 03:00PM

April US pending home sales data
The y/y number is skewed by the April 2020 comp, which was ultra-depressed by the pandemic.
I don’t think this is an sign of any kind of slowdown in demand. When you look at inventories of homes for sale, they’re insanely low. People can’t find houses to buy and haven’t yet

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