Housing contract activity slowed down in December, suggesting higher mortgage rates are giving some buyers pause. The Pending Home Sales Index, which tracks contract signings on existing homes, ...
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The Pending Homes Sales Index drifted down 5.5% M/M to 74.2, the 0.0% consensus and +1.6% in November (revised down from +2.2%), according to data released by the National Association of Realtors.
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