US Pending Home Sales Decline Amid Rising Supply and Affordability Challenges
TL;DR Summary
Pending home sales in the US continue to decline, reaching near record lows across all regions, with a significant increase in cancellations and rising inventories, especially in the South and West, as high prices and economic factors suppress demand.
Topics:business#cancellation-rate#housing-market#inventory-surge#pending-home-sales#real-estate#regional-differences
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