US pending dwelling gross sales for September +7.four% versus 1.zero% estimate

• Prior month +zero.6%
• Pending dwelling gross sales 7.four% versus 1.zero% anticipated
• Dwelling gross sales index 75.eight versus 70.6 final month
• Gross sales up 2.6% 12 months on 12 months

Regionally:

• Northeast +6.5%
• West +9.eight%
• Midwest 7.1%
• sound 6.7%

Of notice is that mortgage charges have soared because the lows in September which have been close to 6.1%. The 30 12 months fastened mortgage is now up at 7.08%. This information is for the month of September so there is likely to be a fall off subsequent month.

This text was written by Emma Wang at www.ubaidahsan.com.



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