October 29, 2013
October 29, 2013
Pending home sales probably give the clearest evidence of continued slowing in the housing market. These numbers reflect contracts signed. Pending sales reported for September were down 5.6 percent from August and by 1.2 percent from the year-ago level. They are down 8.7 percent from the peak hit in May.
For more, read the latest edition of the Housing Market Monitor.
