Weekly pending home sales back to year-over-year growth as we head into spring

Weekly pending sales

Pending home sales data provides a week-to-week perspective, though results can be affected by holidays and short-term fluctuations, such as the giant winter storm in January. We were showing year-over-year growth to start the year and that snowstorm did slow things down.

Two weeks ago, we had a nice week-to-week data print. This week, we are back to…