Economic

Pending home sales drop sharply in December, dampening 2026 outlook

January 21, 2026 at 16:13Z
BIAS: Center
RELIABILITY: High

Political Bias Rating

This rating indicates the source’s editorial stance on the political spectrum, based on analysis from Media Bias/Fact Check, AllSides, and Ad Fontes Media.

Far Left / Left: Progressive editorial perspective
Lean Left: Slightly progressive tendency
Center: Balanced, minimal editorial slant
Lean Right: Slightly conservative tendency
Right / Far Right: Conservative editorial perspective

Current source: Center

Reliability Rating

This rating measures the source’s factual accuracy, sourcing quality, and journalistic standards based on third-party fact-checking assessments.

Very High: Exceptional accuracy, rigorous sourcing
High: Strong factual reporting, minor issues rare
Mixed: Generally accurate but occasional concerns
Low: Frequent errors or misleading content
Very Low: Unreliable, significant factual issues

Current source: High

CNBC
15:45Z

There were just 1.18 million homes on the market in December, down 9% from November, and matching the lowest inventory level of 2025.

Source Assessment

Political Bias
Center
Reliability
High

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