A lack of inventory starved pending home sales.
A Massive Decline: July 27 – 31
GDP erased five years of gains during Q2.
June Was OK, But What About July? July 20 – 24
More half decent for June, but jobless claims rose in mid-July.
What We Learned About the U.S. Economy Last Week
Weekly Economic Update: A brief, non-technical review of the previous week's U.S. economic data releases by Kevin A. Roth, PhD
A lack of inventory starved pending home sales.
GDP erased five years of gains during Q2.
More half decent for June, but jobless claims rose in mid-July.