<div id="readability-page-1"><div>Pending home sales were expected to rise for the third straight month in April (after crashing to record lows to end last year) as mortgage rates stabilized amid war worries, and they did, rising 1.4% MoM (better than the 1.0% expected) with March's gains revised higher too.<img width="500" height="313" src="https://imageproxy.pbkrs.com/https://files.zhedge.com/cdn-cgi/image/width=1920,quality=75,format=auto/https://assets.zerohedge.com/s3fs-public/inline-images/bfmB5A5_0.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://files.zhedge.com/cdn-cgi/image/width=1920,quality=75,format=auto/https://assets.zerohedge.com/s3fs-public/inline-images/bfmB5A5_0.jpg"/>Source: BloombergThis left pending home sales up 3.35% YoY - the best annual gain since Nov 2024 - lifting the index off record lows...<img width="500" height="345" src="https://imageproxy.pbkrs.com/https://files.zhedge.com/cdn-cgi/image/width=1920,quality=75,format=auto/https://assets.zerohedge.com/s3fs-public/inline-images/bfm5F92_1.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://files.zhedge.com/cdn-cgi/image/width=1920,quality=75,format=auto/https://assets.zerohedge.com/s3fs-public/inline-images/bfm5F92_1.jpg"/>Source: BloombergThe report suggests the housing market was finding some footing entering the busiest selling season of the year, helped by gradually improving affordability since mid-2025.<blockquote>“Buyers are coming out with cautious optimism despite increasing economic uncertainty and a slight rise in mortgage rates,” NAR Chief Economist Lawrence Yun said in a statement.</blockquote>That said, lower-income prospective buyers remain challenged by high mortgage rates and elevated asking prices.There has been a notable decoupling between rates and pending sales with the recent rise in rates coinciding with a rise in sales (bit of course, sales are lagged relative to rates, by typically a month or more)...<img width="500" height="312" src="https://imageproxy.pbkrs.com/https://files.zhedge.com/cdn-cgi/image/width=1920,quality=75,format=auto/https://assets.zerohedge.com/s3fs-public/inline-images/bfmB90E.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://files.zhedge.com/cdn-cgi/image/width=1920,quality=75,format=auto/https://assets.zerohedge.com/s3fs-public/inline-images/bfmB90E.jpg"/>Contract signings increased last month in three of four US regions. Pending sales declined in the South, the biggest housing market in the country, after solid increases in the prior two months.As a reminder, because houses typically go under contract a month or two before they’re sold, the pending home sales data tend to be a leading indicator of closings that are captured in the monthly previously owned home sales reports.</div></div>

房屋 ETF - Hoya

廣發中證全指金融地產ETF

華寶中證800地產ETF

美國 4 月份待售房屋銷售環比上漲 1.4%，這是連續第三個月增長，主要受穩定的抵押貸款利率推動。這導致同比增長 3.35%，為 2024 年 11 月以來的最佳表現。儘管經濟不確定性依然存在，買家表現出謹慎的樂觀情緒，但低收入買家面臨高利率和高房價的挑戰。四個地區中有三個地區的銷售額有所增加，南部地區（最大的住房市場）則出現下降

"Cautious Optimism": US Pending Home Sales Rise For 3rd Straight Month In April

- 4 月待售房屋簽約預計增長 1.4%，超出預期。  
- 年同比增長 3.35%，為 2024 年 11 月以來最佳表現。  
- 低收入買家仍面臨高房貸利率和價格挑戰。

ZeroHedge

美國房地產 ETF - SPDR

WisdomTree New Economy Real Estate Fund

全球優質房地產 ETF - FlexShares

全球房地產股指數 ETF - SPDR

美國房產建築 - PowerShares

美國房產建設 ETF - iShares

華夏中證全指房地產ETF

住房建設 3 倍做多 ETF - Direxion

住宅房地產股 ETF - iShares

房地產指數 ETF - iShares 道瓊斯

南方中證全指房地產ETF

道瓊斯房地產投資信託 ETF - SPDR

美國房地產投資信託 ETF - Charles Schwab

房地產ETF

美國房地產 ETF - Vanguard

美國房產主題 ETF - SPDR

全球房地產投資信託 ETF - iShares

“謹慎樂觀”：美國待售房屋銷售在四月份連續第三個月上升