Pending Home Sales Slump For 5th Straight Month

[McRocket]

'Following the plunge in existing, and new home sales in September, pending home sales were expected to be unchanged, but printed a small 0.5% MoM gain (against downwardly revised August data).

However, pending home sales dropped 3.4% YoY (on non-adjusted data), the 10th annual decline in the last 11 months...'

Pending Home Sales Slump For 5th Straight Month

 

[toobfreak]

'Following the plunge in existing, and new home sales in September, pending home sales were expected to be unchanged, but printed a small 0.5% MoM gain (against downwardly revised August data).

However, pending home sales dropped 3.4% YoY (on non-adjusted data), the 10th annual decline in the last 11 months...'

Pending Home Sales Slump For 5th Straight Month

That's because everyone who wants a home now has one living where they want to be. Normal market fluctuation.

 

[AZGAL]

the ups and downs of our economy

 

[McRocket]

the ups and downs of our economy

You could say that about any economic statistic.