Pending Home Sales Limp Off All-Time Record Lows In August
September 26, 2024 at 10:08 AM EDT
By Zerohedge Despite tumbling mortgage rates and surging mortgage applications, pending home sales in the US rose just 0.6% MoM in August (less than the 1.0% MoM expected jump back from the 5.5% plunge in July). Source: Bloomberg Pending home sales were down 4.3% YoY (and have not been positive on a YoY basis since […] Source
