Pending Home Sales Notch Record-Setting 44.3% Monthly Increase in May 2020

WASHINGTON (June 29, 2020) – Pending home sales mounted a record comeback in May, seeing encouraging contract activity after two previous months of declines brought on by the coronavirus pandemic, according to the National Association of Realtors®. Every major region recorded an increase in month-over-month pending home sales transactions, while the South also experienced a…