Pending home sales plunged by 5.4% in June from May, seasonally adjusted, to the lowest level for any June on record, down 0.3% from the abysmally low levels in June last year, down 36% from June 2021, 37% from June 2020, 34% from June 2019, 32% from June 2018, and down 20% from June 2011, during the Housing Bust, according to data from the National Association of Realtors. Its data only goes back to mid-2010. This is now the fourth year that demand has been in the deep-freeze, amid the highest supply of existing single-family homes in 10 years and of existing condos in 14 years. Pending home sales fell in all ... (full story)