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المشهد العربي
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2026-11-10T07:29:18.000Z

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US Pending Sales Fall as Rates Rise

US Pending Sales Fall as Rates Rise

Pending home sales in the United States fell 7.3% month over month in September, to 66 points from 71.2 in August, and were down 11.3% from September of the previous year. The decline affected all four major regions, as rising mortgage rates and financing costs weakened buyers’ purchasing power. Lawrence Yun, chief economist of the National Association of Realtors, suggested that buyers and sellers may put off decisions until rates fall.

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