US Pending Home Sales Rebound Off Record Lows, Despite Rising Mortgage Rates
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Source: Zero Hedge
Published: 2026-04-22 00:08 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Property & Housing, Business & Economy
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Snippet:
After rising in February, US Pending Home Sales were expected to continue to improve in March (+0.5% MoM) but - despite apparently rising mortgage rates - sales rose 1.5% MoM (even with February revised up to +2.5% MoM). This dragged pending home sales up to +1.8% YoY (to the highest level since Nov 2024)...
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