EconPulse Markets. Economy. Malaysia & The World. Wed, 21 Oct 2026
Markets

Pending home sales sink to 25-year low as buyers flee high mortgage rates

Pending home sales sink to 25-year low as buyers flee high mortgage rates
Image: MarketWatch

Summary

Contract signings to purchase homes fell in September to the lowest level on record, as buyers fled the housing market in the wake of the average 30-year mortgage rate crossing over 7%.

Source & full coverage: this summary is aggregated from MarketWatch, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at MarketWatch →