US Pending Home Sales Post Biggest Drop in Six Months

US pending home sales fell 5.4% month-over-month in June 2026, ending a four-month streak of gains and marking the sharpest decline since December 2025. The drop was far steeper than market expectations for a 0.5% decline, with contract signings falling across all four major regions: the Northeast (-3.0%), Midwest (-8.9%), South (-4.1%), and West (-4.7%). ...

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