1 min readBy Paul Ugbede Godwin
US Pending Home Sales Fall to Record Low as High Mortgage Rates Weigh on Housing Market
By Paul Ugbede GodwinNigeria
The United States housing market experienced another setback in September as pending home sales dropped to a record low, highlighting the continuing pressure that elevated mortgage borrowing rates are placing on prospective buyers. The decline underscores the challenges facing households seeking to purchase homes while financing costs remain high and affordability continues to deteriorate across […]
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About this article
- Length
- 79 words · 1 min read
- Published
- October 26, 2026
- Byline
- Paul Ugbede Godwin
- Source
- Tekedia