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Real Estate

US pending home sales fall to record low as mortgage rates surge

Managing Editor · Tuesday, October 20, 2026 at 2:39 PM · 1 min read

US pending home sales fall to record low as mortgage rates surge — Financial Times, Chicago Real Estate news — Image: Financial Times

Sales contracts dropped 7.3% in September as rising borrowing costs deepened housing market slowdown

Up nextPending home sales sink to 25-year low as buyers flee high mortgage ratesReal Estate · 1 min read

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