Oddbean new post about | logout
 Pending home sales plunged in August as 2-decade high mortgage rates continue to squeeze both buyers and sellers

Pending home sales slipped to 7.1% in August. It's the latest sign of a deepening freeze in the market as mortgage rates and prices stay high.

https://markets.businessinsider.com/news/commodities/pending-home-sales-plunged-august-decade-high-mortgage-rates-buyers-2023-9