3-Year Low: Pending Home Sales

The housing market is in ‘crisis’ due to inventory issues according to this article from Realtor.com referencing the latest National Association of Realtors (NAR) findings. Pending home sales fell 4.7% to 104.6, which is the lowest  reading since October 2014. For more information regarding the most recent NAR report, have a look here:

https://www.realtor.com/news/real-estate-news/pending-home-sales-tumble-3-year-low-housing-crisis-worsens/

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