US pending home sales come in flat in September even as mortgage rates ease
NeutralFinancial Markets

In September, pending home sales in the US remained unchanged, despite a slight easing in mortgage rates. This stability in the housing market is significant as it reflects ongoing challenges for buyers and sellers alike, indicating that while lower rates may help, they are not enough to spur significant movement in sales. Understanding these trends is crucial for potential homeowners and investors as they navigate the current economic landscape.
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