Economics

U.S. Pending Home Sales Post Biggest Decline Since 2010

A prospective home buyer looks out the master bedroom window at a house for sale in Dunlap, Illinois.Photographer: Daniel Acker/Bloomberg

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By Max Reyes

January 29, 2020 at 3:00 PM UTC

Updated on

January 29, 2020 at 3:21 PM UTC

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Contract signings to purchase U.S. previously owned homes unexpectedly slumped in December, depressed by fewer listings of properties and representing a blemish after a recent spate of positive housing-market news.