US Pending Home Sales Rise in August Amid Lower Mortgage Rates

1 min read
Source: National Association of REALTORS®
US Pending Home Sales Rise in August Amid Lower Mortgage Rates
Photo: National Association of REALTORS®
TL;DR

The National Association of REALTORS® reported a 4.0% monthly and 3.8% yearly increase in pending home sales in August, driven by lower mortgage rates and regional differences, with notable growth in the Midwest, South, and West regions.

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