Pending home sales jumped 1.8% in Juneβfar above the 0.2% forecasted!
With rates under 6% and wages up, affordability just got a small but real win.
Construction firms and builders may benefit as contract volume rebounds across key markets.
Strong housing signals might delay Fed cuts if economic growth keeps steady.
Chemicals and industrial materials face pressure in slower housing markets.
Us Pending Home Sales Jump 1.8%, Boosting Market Optimism | Your Goals, Our Priority. Always π‘π€