Posted inEconomy U.S. Pending Home Sales Drop 5.4% in June as High Rates Cool Demand US pending home sales unexpectedly fell 5.4 percent in June as high mortgage rates and affordability challenges kept prospective buyers on the sidelines. Posted by Prasenjit Bhowmik July 24, 2026
Posted inEconomy U.S. Pending Home Sales Drop Unexpectedly in June as High Mortgage Rates Deter Buyers US pending home sales plunged in June as high mortgage rates and record prices sidelined buyers, signaling a sharp slowdown for the housing market. Posted by Prasenjit Bhowmik July 24, 2026