US pending home sales for the month of June has risen by 4.8%, blowing past expectations of 1.4%. This marks the largest monthly increase since December 2023. Although it grew monthly, pending home sales are still down 7.8% year-over-year.

Catalyst anchors Madison Mills and Seana Smith break down the latest development with the housing market and how it may operate moving forward.

For more expert insight and the latest market action, click here to watch this full episode of Catalysts.

This post was written by Nicholas Jacobino