This Is How Pending Home Sales Fared In April

This is how pending home sales fared in April: Despite declining mortgage rates, pending home sales fell 1.5% in April. The Pending Home Sales Index, a forward-looking indicator based on contract signings, fell to 104.3. Additionally, year-over-year contract signings declined 2%. This is the 16th consecutive month of annual decreases.

3d rendering of a row of luxury townhouses along a street

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