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Pending home sales sink to 25-year low as buyers flee high mortgage rates
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01 THE MACHINE READ
WHY IT MATTERS.
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Contract signings to purchase homes fell in September to the lowest level on record, as buyers fled the housing market in the wake of the average 30-year mortgage rate crossing over 7%.
02 THE STORY SO FAR
THE RECORD, IN ORDER.
STANDALONE ITEM — NOT YET FOLDED INTO A DEVELOPING STORY.
03 WHO'S INVOLVED
ENTITIES ON FILE.
CONTEXTHousing
04 RECEIPTS
THE SOURCE RECORD.
1 SOURCES CONFIRMED05 PROPAGATION
WHAT THIS TOUCHES.
→CORRELATIONshares Housing
10-year Treasury yield moves lower after weak housing data2026-10-20 07:43 UTC
10-year Treasury yield moves lower after weak housing data2026-10-20 07:43 UTC
→CORRELATIONshares Housing
Housing is flashing warning signs just as the Fed weighs more interest rate hikes2026-10-20 18:03 UTC
Housing is flashing warning signs just as the Fed weighs more interest rate hikes2026-10-20 18:03 UTC
→CORRELATIONshares Housing
BREAKING: US Pending Homes Sales collapsed -7.3% in September, to their lowest level on record in data going back to 2001. The West saw the steepest decline of -9.2%, while sales in the South, the biggest home-selling region, fell -8.2%. The housing market is frozen.2026-10-20 17:53 UTC
BREAKING: US Pending Homes Sales collapsed -7.3% in September, to their lowest level on record in data going back to 2001. The West saw the steepest decline of -9.2%, while sales in the South, the biggest home-selling region, fell -8.2%. The housing market is frozen.2026-10-20 17:53 UTC
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