The housing market is sending a troubling signal about what’s coming next
The housing market is sending a troubling signal about what’s coming next
A surprisingly steep decline in September homebuying activity suggests the housing slowdown could stretch well beyond 2026.
[Source photos: Adobe Stock]
BY Anna-Louise Jackson
One key measure of housing activity fell to the lowest level in more than two decades in September, as higher mortgage rates are keeping buyers at bay.
Pending home sales, which measure the number of signed contracts on existing homes, slumped 7.3% in September from August and........
