High mortgage rates and elevated home prices combined to crush home sales in January.
Pending sales, which are based on signed contracts for existing homes, dropped 4.6% from December to the lowest … [+1757 chars]
Pending home sales drop to the lowest level on record in January - CNBC
Home prices nationally are still higher than they were a year ago.
By:Diana Olick
Source:CNBC
Published:
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