Pending home sales drop sharply in December, dampening 2026 outlook

Market Intelligence Analysis

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Why This Matters

The pending home sales dropped sharply in December, with a 9% decrease in inventory, matching the lowest level of 2025, which may dampen the 2026 outlook for the housing market.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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There were just 1.18 million homes on the market in December, down 9% from November, and matching the lowest inventory level of 2025.

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Original article published by CNBC on January 21, 2026.
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