Pending home sales
  • Prior month +0.6%
  • Pending home sales 7.4% versus 1.0% expected
  • Home sales index 75.8 versus 70.6 last month
  • Sales up 2.6% year on year

Regionally:

  • Northeast +6.5%
  • West +9.8%
  • Midwest 7.1%
  • sound 6.7%

Of note is that mortgage rates have soared since the lows in September which were near 6.1%. The 30 year fixed mortgage is now up at 7.08%. This data is for the month of September so there might be a fall off next month.

30 year fixed mortgage