US pending home sales increase to a six-month high in May

U.S. Pending Home Sales Reach Six-Month High In May

Contracts to purchase previously owned homes in the United States climbed to a six-month high in May, offering a positive sign for the housing market despite persistent challenges from elevated mortgage rates and limited inventory. The increase in pending home sales exceeded economists' expectations, indicating that buyer demand remains resilient even as financing costs continue to weigh on affordability. Pending home sales are considered a lead…

U.S. Pending-Home Sales Rises More Than Expected in May

U.S. Pending-Home Sales Rises More Than Expected in May

US pending home sales increase to a six-month high in May

Contracts to purchase previously owned U.S. homes increased more than expected in May, ​though higher mortgage rates and tight supply remained ‌constraints for the housing market.

US Pending Home Sales See Biggest Gain Since September 2024

U.S. Pending Home Sales Spike Much More Than Expected In May

A report released by the National Association of Realtors on Wednesday showed a substantial increase in pending home sales in the U.S. in the month of May. NAR said its pending home sales spiked by 3.

Pending home sales unexpectedly jump from April's revised lower print (DXY:)

May pending home sales: +3.8% M/M vs. +0.9% consensus and +0.3% prior (revised from +1.4%), according to data released by the National Association of Realtors on Wednesday.