U.S. Pending Home Sales Sink Near 12-Year Low
U.S. pending home sales haven't been this low since 2014, except the pandemic freeze in 2020. Mortgage rates climbed above 7%, pricing out would-be buyers.
U.S. pending home sales haven't been this low since 2014, except the pandemic freeze in 2020. Mortgage rates climbed above 7%, pricing out would-be buyers.