from King World News
This just collapsed to the lowest level in 23 years. Plus a look at more “transitory”inflation.
May 30 (King World News) – Peter Boockvar: Pending home sales in April fell a sharp 7.7% m/o/m, well more than the anticipated 1% decline. This takes the index to just .5 pt from the lowest level on record dating back to 2001.
Pending Home Sales Collapse To Lowest In 23 Years