In the South, Pending Home Sales Plunge to Record Low, just as Inventories in Florida & Texas Balloon. Push US Pending Sales to Record Low
wolfstreet.com/2025/02/27/in-the-south-pending-home-sales-plunge-to-record-low-just-as-inventories-in-florida-texas-balloon-push-us-pending-sales-to-record-low
In the West, Midwest, and Northeast, pending sales hobbled along near record-lows. Housing demand got shot in January. Prices are just way too high.
By Wolf Richter for WOLF STREET.
Here we go again, with another record low in demand: Pending home sales – a forward-looking indicator of…
This story appeared on wolfstreet.com, 2025-02-27 20:12:56.