After four months of growth, the number of U.S. homes going into contract declined in September, indicating a slowdown in homebuyer demand. A National Association of Realtors index of pending home sales dropped 2.2 percent last month, compared to August. NAR’s index tracks signed contract activity for single-family homes, condo and co-op units, and is seen as an indicator of future sales of existing homes. Though September’s numbers represented a month-over-month dip, the index was
source https://therealdeal.com/2020/10/29/pending-homes-sales-dipped-in-september/
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