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US Pending Home Sales Decline Amid Rising Supply and Affordability Challenges

1 min read
Source: Wolf Street
TL;DR

Pending home sales in the US continue to decline, reaching near record lows across all regions, with a significant increase in cancellations and rising inventories, especially in the South and West, as high prices and economic factors suppress demand.

Topics:businessreal-estate#cancellation-rate#housing-market#inventory-surge#pending-home-sales#real-estate#regional-differences
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  1. Buyers Strike: Pending Home Sales Drop Further, Plunge in Midwest, Near Record Lows in All Regions, as Supply Balloons  Wolf Street
  2. Pending home sales tick lower in July as canceled contracts spike  CNBC
  3. What's the mortgage interest rate forecast for fall 2025?  CBS News
  4. US Pending Home Sales Fall Again on Affordability Constraints  Bloomberg.com
  5. New Home Market Remains Stuck in Neutral  Mortgage News Daily

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