Pending Home Sales Plunge in All Regions, Inventories Surge. In the West & South, Collapsed Sales Meet Spiking Inventories

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Pending Home Sales Plunge in All Regions, Inventories Surge. In the West & South, Collapsed Sales Meet Spiking Inventories

wolfstreet.com/2025/05/29/pending-home-sales-plunge-in-all-regions-inventories-surge-in-the-west-south-collapsed-sales-meet-spiking-inventories

Adios, “spring selling season.”
By Wolf Richter for WOLF STREET.
Pending home sales, a forward-looking indicator of “closed sales” of existing homes, plunged by 6.3% in April from March, seasonally adjusted, according to data from the National Association of Realtors today, driven by…

This story appeared on wolfstreet.com, 2025-05-29 19:33:21.488000.