Image Source.

MARKET MOVERS

  • US home sales posts second-lowest monthly reading in 20 years. On a year-over-year basis, pending home sales plummeted 37.8 percent, down from the 37 percent decline in the previous month. Trading Economics had projected a print of negative 32 percent. With mortgage rates falling throughout December, home-buying activity should inevitably rebound* in the coming months and help economic growth, says NAR's Lawrence Yun.
📬
Join the more than 4 thousand ambitious entrepreneurs & investors hellbent on making our mark on the world. Subscribe today to become a Market Mover. Make better business & investment decisions with our daily curation service.

This post is for subscribers only

Sign up now to read the post and get access to the full library of posts for subscribers only.

Sign up now Already have an account? Sign in