US Pending Home Sales Unexpectedly Rise In May, NAR Warns Housing Market "Transition" Underway
June 27, 2022 at 11:36 AM EDT
As it turns out pending home sales unexpectedly rose 0.7% MoM in May (versus a 4.0% MoM expected drop) and with a downward revision to April from -3.9% MoM to -4.0% MoM.
