Pending Home Sales Slip Amid Stubbornly High Housing Costs, Economic Uncertainty
U.S. pending home sales fell 2.2% week over week during the four weeks ending July 12, the first decline in a month. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.Some house hunters backed off due to stubbornly high housing costs. The weekly average mortg…