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"Cautious Optimism": US Pending Home Sales Rise For 3rd Straight Month In April

"Cautious Optimism": US Pending Home Sales Rise For 3rd Straight Month In April Pending home sales were expected to rise for the third straight month in April (after crashing to record lows to end last year) as mortgage rates stabilized amid war worries, and they did, rising 1.4% MoM (better than the 1.0% expected) with March's gains revised higher too. Source: Bloomberg This left pending home sales up 3.35% YoY - the best annual gain since Nov 2024 - lifting the index off record lows... Source: Bloomberg The report suggests the housing market was...
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May 19, 2026 / Tyler Durden
Supreme Court Directs Lower Courts To Reexamine Decisions In Voting Rights Act Cases
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May 10, 2026 / Dave DeCamp
Trump: Iran’s Response to US Proposal Is ‘Totally Unacceptable’
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Apr 9, 2026 / Tyler Durden
Pro-Iranian Hackers Breached US Infrastructure, Feds Say
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