The pundits were again surprised by the drop in pending home sales. We were not of course, as both common sense and other available data, including the real time mortgage applications data had foretold that the market would collapse, and in fact did collapse, in May. I had even specifically warned that the pending home sales data would be the next shoe to drop. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.