Published: 2025-06-26T14:09:29.000Z
U.S. May Pending Home Sales - Hints of stabilization at a low level
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Pending home sales with a 1.8% May increase are slightly stronger than expected but still weak after a 6.3% April decline.
Pending home sales are showing some hints of stabilization after hitting a record low in January, which is consistent with little change being seen from existing home sales in both April and May.