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.