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