Pending home sales in the US fall for the first time in over a year

Nicholas Wallwork

Nicholas Wallwork

Editor-in-Chief
Staff member
Premium Member
After reaching a two year peak, pending home sales in the United States fell in August but are still well up on levels a year ago, the latest report from the National Association of Realtors shows. Its Pending Home Sales Index, a forward looking indicator based on contract signings, fell 2.6% to 99.2 in August [...]

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Drew Drew

Drew Drew

New Member
Some of this may have to do with our US presidential elections in November. It's still up year-over-year though.
 
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