Daily Market Updates: U.S. Pending Home Sales Sink to a New Low

Real Estate

Home›Real Estate›Residential›U.S. Pending Home Sales Sink to a New Low

U.S. Pending Home Sales Sink to a New Low

Reported · Written up by our desk · Residential

Would-be homebuyers are pulling back as mortgage rates remain in the mid-7% range. What to know about the U.S. housing market for the four weeks ending October 18: Pending home sales fell. They declined 1.9% from a week earlier to the lowest level in records dating back to 2021. Weekly average mortgage rates are holding […] The post U.S. Pending Home Sales Sink to a New Low appeared first on Redfin Real Estate News .

← Newer storySoFi Launches Tokenized Deposit That Earns 4.4% and Converts to a Sta…Older story →Hidden Costs of Homeownership Top $16.6K a Year as Insurance Climbs

More like this

Real EstateSagard, La Caisse Acquire East Bay Industrial Outdoor Storage

Real EstateToll Brothers underwrites lots for tomorrow’s market, not yesterday’s

Real EstateStandard Real Estate Investments, Endeavor Development Sell 174K-SF Industrial Facility in Minnesota

Real EstateLeasehold at 71 Fifth Avenue Sells to Namdar Realty Group for $62M

Real EstateCoStar wants faster Homes.com growth, is shifting sales into the field

Sources

Redfin NewsU.S. Pending Home Sales Sink to a New Low

Real Estate

U.S. Pending Home Sales Sink to a New Low

More like this

Sources

Get the close, explained.