A lack of inventory starved pending home sales.
2020 Ended Quietly (At Least in Terms of Data Releases): December 28 – January 1
Increased Economic Activity, Decreased Durable Goods Orders: December 23 – 27
The U.S. economy expanded more quickly in November, but durable goods orders faltered.
Home Sales Chilled (Again) in January: February 18 – 22
Home sales faltered again in early 2019.
