US Pending Home Sales Index Drops to Lowest Level on Record

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The story so far
2 developments- Nov 27, 2023New home sales fell more than expected after spike in mortgage rates
- Nov 30, 2023Pending home sales fall to record low as high mortgage rates take a toll
Who covered each development
No new developments
Quiet for 1034 daysLast development · Nov 30, 2023 — Pending home sales fall to record low as high mortgage rates take a toll
Left
2 viewpointsPending home sales drop to a record low, even worse than during the financial crisis
New home sales fell last month as mortgage rates hit 2023 high
Center
4 viewpointsUS pending home sales fell to their lowest level in 20 years last month
New home sales fell last month as mortgage rates hit 2023 high
Right
3 viewpointsPending home sales fall to record low as high mortgage rates take a toll
Pending home sales drop to lowest level on record, in bad sign for housing market
New home sales fell more than expected after spike in mortgage rates
New home sales dropped more than expected in October as shortage persists
New home sales fell in October as housing market hit by historic mortgage rates