Published: 2025-01-30T15:06:28.000Z
U.S. December Pending Home Sales - Significant correction from recent strength
Senior Economist , North America
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Pending home sales with a 5.5% December decline have seen a significant correction from four straight gains, which may reflect fading expectations for further Fed easing.
However, pending home sales’ recent gains had run ahead of increases seen in existing home sales, so the decline in pending home sales probably does not signal a sharp fall in January existing home sales.
