» Pending Home Sales: A Bad Housing Month Decision Economics

Pending Home Sales: A Bad Housing Month

Posted January 30, 2014 by rvillareal

December pending existing-home sales fall a much-more-than-expected 8.7% (Consensus: -0.2%; Decision Economics: +2.0%), from a prior-month level revised down by 0.5%.  There were December sales declines in all regions, ranging from -6.8% in the Midwest to -10.3% in the Northeast.

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