Home Sales Fell 10% In September, Much Worse Than Expected

  • Pending home sales suffered a worse decline than expected from August to September, as mortgage rates surged.
  • Economists had predicted a 4% drop. Sales were down 31% year over year.
  • Excluding April 2020, at the start of the Covid pandemic, the pending home sales index is at its lowest level since June 2010.
Continue to Article

Trending Video

Popular Now on Off The Press