Housing Market Facing Mixed Results As Pending Home Sales Fall Sharply From 2021

Housing Market Facing Mixed Results As Pending Home Sales Fall Sharply From 2021
A 'for sale' sign hangs in front of a home in Miami, Fla., on June 21, 2022. Joe Raedle/Getty Images
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Pending U.S. home sales in May edged higher, ending a six-month streak of declines, with a slight rise of 0.7 percent from April, according to the National Association of Realtors on June 27.

Month-over-month regional results were mixed with a slight pickup on average, and the Northeast and Southern states experiencing a rise in sales, while the Midwest and West seeing a decline.

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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