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26th May 2022 00:20U.S., Daily Monitor

 Pending home sales likely fell much further in April than forecasters expect.

Whatever happened in April, the floor is not yet in sight; housing-related businesses are going to suffer.

The softening core durable goods orders is not yet alarming, but it needs to be watched closely.

capex capital goods consumer confidence core durable goods durable goods fed fuel gasoline home sales homebuilders housing market interest rates January March May mortgage mortgage applications new home sales pending home sales retail sales richmond fed sales numbers savings September stock prices

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Keywords for: Yet More Downside Risk to Housing Data, the Floor is Months Away

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