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US pending home sales increase to a six-month high in May
R
Reuters
June 17, 2026
Mortgage RatesSource: GNews
Contracts to purchase previously owned U.S. homes increased more than expected in May, though higher mortgage rates and tight supply remained constraints for the housing market.
WASHINGTON, June 17 (Reuters) - Contracts to purchase previously owned U.S. homes increased more than expected in May, though higher mortgage rates and tight supply remained constraints for the housing market.
The pending home sales index rose 3.8%... [1146 chars]
Source Reference
Originally published by Reuters
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