Data: National Association of Realtors; Chart: Axios VisualsEven as the stock market approaches an all-time high, there is a big dark cloud hovering over the economy: the housing market.Why it matters: Home sales are hovering at historic lows, as economic uncertainty and high mortgage rates hold back buying.By the numbers: Pending home sales — deals that are in contract but not yet closed — rose 1.8% in May over last month but are still at record lows…
Traders work on the floor of the New York Stock Exchange (NYSE) on March 5, 2026 in New York City. Spencer Platt | Getty ImagesStock Chart IconStock chart...
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