Pending Home Collapse By 10% Year over Year In The West
Welcome back readers, after cleaning out our database from the trash the Russian hackers spammed us with we are back to writing! As we pick up, the worrying trends in the housing markets continue on their downward slope, this time in the pending home sales numbers. Pending home sales declined in August, dropping 1.8% month over month and fell 2.5% year over year. This decline was almost four times worse than expected showing the surprising weakness in home sales in the market that economists continue to miss. Home sales fell its lowest level since Oct 2014. This is the fourth month… Read morePending Home Collapse By 10% Year over Year In The West