Pending home sales drop to a record low, exceeding the decline seen during the 2008 housing collapse

Pending home sales drop to a record low, exceeding the decline seen during the 2008 housing collapse

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None Pending home sales dropped to their lowest level on record in October as mortgage rates remain high. • None The decline in pending home sales exceeds the drop seen during the 2008 housing bust. • None "Mortgage rates were at their highest, and contract signings for existing homes were at…

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