U.S. Pending Home Sales Fall 1.1% in October as Higher Prices Discourage Buyers

The numbers: A measure of pending home sales fell in October for the second month in a row, signaling the surprisingly strong surge in demand during the pandemic might be ebbing.
The index of pending home sales dropped 1.1% in October after a 2.2% decline in September, the National Association of Realtors said Monday.
READ THE FULL STORY AT Realtor.com

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