August US pending home sales -2.6% vs -0.5% expected

Pending home sales data from the National Association of Realtors - was -0.8% - Sales -3.1% y/y versus -0.5% expected - Prior was -0.5% y/y That's two months in a row with a big miss. I think part of the story here is likely to be Hurricane Harvey.
August US pending home sales -2.6% vs -0.5% expected