Pending home sales for March

  • Prior was +3.1% (revised to +2.8%)
  • Sales -4.4% y/y
  • Prior sales -4.4% y/y (revised to -4.7%)

Regionally m/m:

  • Northeast -5.6%
  • Midwest +2.4%
  • South +2.5%
  • West -1.1%

The numbers are soft but I expect some will point to poor weather in the Northeast.