Pending home sales are down 31% from last year
Housing Wire
OCTOBER 28, 2022
according to data released Friday by the National Association of Realtors. An index of 100 is equal to the level of contract activity in 2001. The Federal Reserve has had to drastically raise interest rates to quell inflation, which has resulted in far fewer buyers and even fewer sellers.”. in September. All four major U.S.
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