Pending Home Sales Slip 2.6 Percent in October
The recent rise in mortgage rates have reduced the pool of eligible homebuyers. WASHINGTON – November 30, 2018 – Pending home sales declined slightly in October in all regions but the Northeast, according to the National Association of Realtors®. The Pending Home Sales Index,* www.nar.realtor/pending-home-sales, a forward-looking indicator based on contract signings, decreased 2.6 percent to 102.1 in October, […]
