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U.S. Pending Home Sales Post Fourth Straight Monthly Decline in February

Reuters2022-03-25

Contracts to buy U.S. previously owned homes dropped for a fourth straight month in February, weighed down by a persistent shortage of properties, and activity could remain sluggish amid increasing ...

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Comment8

  • PearlynCSY
    ·2022-03-28
    Last month US inflation was 7.9%, highest in 40-year. Fed had just raised interest rate by 25 basis points, the first since 2018. She is planning to raise another 6 times this year, bringing the zero interest rate to 1.75%. Correspondingly, the 30-year fixed rate averaged 4.42% this week, the highest since January 2019, from 4.16% in the prior week, data from mortgage finance agency Freddie Mac showed on Thursday. Going forward, high inflation and mortgage rates are expected to impact home sales.
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  • AdamAniQAzem
    ·2022-03-26
    Maybe 
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  • ZenInv
    ·2022-03-26
    Volume dropped. But is price dropping too? That's the one stat to watch. 
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  • vaicrazy
    ·2022-03-26
    Ok
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  • CocoPosh
    ·2022-03-26
    [Smile] .
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  • Razefast
    ·2022-03-26
    Thanks
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  • fhho32
    ·2022-03-25
    Ok
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  • Kionglee
    ·2022-03-25
    huat
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