The Housing Chronicles Blog: Pending home sales dipped in May year-on-year for the first time in almost two years

Wednesday, June 29, 2016

Pending home sales dipped in May year-on-year for the first time in almost two years

After steadily increasing for three straight months, pending home sales let up in May and declined year-over-year for the first time in almost two years. All four major regions experienced a cutback in contract activity last month.

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