Pending Home Sales Ticked Up in July But Still Hovered Near Recent Low

Pending sales have stabilized following months of steep declines, but homebuyer demand remains below pre-pandemic levels as house hunters grapple with elevated mortgage rates, high prices and a lack of supply. Pending home sales inched up in July—rising 0.7% from a month earlier to the highest level since the start of the year on a … Continue reading Pending Home Sales Ticked Up in July But Still Hovered Near Recent Low