US pending home sales fell 5.5% month-over-month in July against expectations of a 0.2% growth, according to the National Association of Realtors (NAR). In...
in July against expectations of a 0.2% growth, according to the National Association of Realtors . In addition, contract signings declined in all four US regions in the month.Pending home sales, falling 5.5% a month over month, and economists were expecting a 2/10 of a percent rise for the month here.
The positive impact of job growth and higher inventory could not overcome affordability challenges and some degree of wait and see related to the upcoming US presidential election here. The Northeast actually rose, while the Midwest, the South and the West registered declines in this most recent reading a lot of potential home buyers here, clearly waiting to see what the Federal Reserve is going to do when it comes to interest rates.We could see increase cutting throughout the end of the year.
The FBI is failing to report all suspected child sexual abuse cases to appropriate law enforcement agencies, according to a Justice Department watchdog report released Thursday. The review found no evidence that the FBI complied with mandatory reporting requirements in about 50 percent of the cases examined by the inspector general.
Brad Smith Alexandra Canal Pending Home Sales Contract Signings
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