US pending home sales -0.3% vs -0.5% estimate

Pending home sales for Dec
– Pending home sales -0.3% vs -0.5% est. Last month -2.5% (was -2.6%)
– YoY 22.8% vs 20.3% est. Last month 16.1%
– Northeast +3.1% vs -3.3% last
The data on a month on month basis is down for the 4th consecutive month (-2%, -0.9%, -2.5% and -0.3%) after rising by 44.3%, 15.8%, 5.9%,