US Pending Home Sales Stall in April

The video discusses the stagnation in pending home sales from March to April, influenced by high mortgage rates and limited housing inventory. Skyler Olson, Zillow's chief economist, explains the dual impact of demand and supply issues on the housing market. The discussion highlights the sensitivity of existing homeowners to rising mortgage rates and the challenges faced by first-time home buyers due to affordability issues. The video also explores potential future trends in the housing market, considering economic factors and personal circumstances that drive housing decisions.

What factors are contributing to the stagnation of pending home sales in April?

How do mortgage rates affect housing market demand and affordability?

What concerns does Skyler Olson express regarding the potential rise in mortgage rates?

What are the implications of low levels of new listings in the housing market?

In what ways do demographic factors influence the housing market according to the discussion?