NAR: U.S. Pending Home Sales Fell 4.0% in November; Northeast Pending Sales Dropped Nearly 8%
December 28, 2022WASHINGTON—Pending home sales slid for the sixth consecutive month in November, according to the National Association of Realtors. All four U.S. regions recorded month-over-month decreases, and all four regions saw year-over-year declines in transactions. “Pending home sales recorded the second-lowest monthly reading in 20 years as interest rates, which climbed at one of the fastest…
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