Home / Market Update / US: Pending Home Sales Decline by 1.1% in October

US: Pending Home Sales Decline by 1.1% in October

Pending Home Sales in the US fell by 1.1% on a monthly basis in October following September’s decline of 2%, the data published by the US National Association of Realtors showed on Monday. This reading came in worse than the market expectation for an increase of 1%.

Check Also

Global Markets Rebound as Iran De-Escalation Hopes Lift Risk Appetite

Global financial markets showed signs of recovery on Wednesday, as renewed optimism over a potential …