November 2, 2020
Pending Home Sales Fall Back After 4-Month Winning Streak!
Pending home sales faltered a bit in September, while new home sales decline in September for the first time since April, but homeownership is growing, especially among younger age groups. We take a closer look This Week in Real Estate.
“The demand for home buying remains super strong, even with a slight monthly pullback in September, and we’re still likely to end the year with more homes sold overall in 2020 than in 2019,”
said Lawrence Yun, NAR’s chief economist.
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