Lee Duna@lemmy.nz to

News@lemmy.worldEnglish · 7 months ago

Pending home sales drop to a record low, even worse than during the financial crisis

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Pending home sales drop to a record low, even worse than during the financial crisis

Lee Duna@lemmy.nz to

News@lemmy.worldEnglish · 7 months ago

Mortgage rates in October rose sharply, with the average on the 30-year fixed loan briefly eclipsing 8%.

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bradorsomething@ttrpg.network
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7 months ago
The buyer pressure was largely rental buyers, and they are completely out building up capital for a collapse. That’s my read on this.

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