Buyers’ Strike: Pending Home Sales Drop Further, Plunge in Midwest, Near Record Lows in All Regions, as Supply Balloons

Why is DHS sending more ICE to Chicago? What caused Gmail phishing warnings to surge? How will Trump's tariffs affect US trade? Why did the federal judge block migrant deportations? What impact will Costco's enforced shopping hours have? How did Nvidia's undisclosed customers boost revenue? Why is the US housing market stagnating?

Buyers’ Strike: Pending Home Sales Drop Further, Plunge in Midwest, Near Record Lows in All Regions, as Supply Balloons

wolfstreet.com/2025/08/28/buyers-strike-pending-home-sales-drop-further-plunge-in-midwest-near-record-lows-in-all-regions-even-as-supply-balloons

And to top it off: cancellations of pending sales rose to a record rate in July.
By Wolf Richter for WOLF STREET.
Demand in the housing market sagged further: Pending home sales dropped by 0.4% in July from June, seasonally adjusted. They have now spent nearly three years crawling along,…

This story appeared on wolfstreet.com, 2025-08-28 19:40:33.