August pending home sales +3.8% year-over-year
Youtube·2025-09-29 15:18
It's been a busy few sessions for housing data and there's more today. Let's get to Diana Ollex. Hey, Diana. >> Hey, Carl.Pending home sales in August rose 4% from July and were 3.8% higher year-over-year. That is a strong beat. The street was looking for flat.This count is based on signed contracts, so it's a forward-looking indicator of closed sales in September and October. Now, mortgage rates in August, when people were out signing these deals, were slightly lower than they were in July, but not as low ...