Pending Home Sales Rise in May Amid High Mortgage Rates

Home contract signings increased significantly in May as buyers continued to show resilience despite high mortgage rates. The Pending Home Sales Index rose by 4.8% year-over-year and 3.8% month-over-month, with the Midwest leading growth due to its affordability.

By Claire Boston · Senior Reporter Wed, June 17, 2026 at 5:04 PM GMT+3 1 min read · Yahoo Finance · June 17, 2026, 14:04 UTC

Pending Home Sales Rise in May Amid High Mortgage Rates

Topics: home_sales inflation mortgage_rates

Read the full article at Yahoo Finance

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