*Walter Bloomberg(@DeItaone):U.S. PENDING HOME SALES HIT 5-MONTH LOW U.S. pending home sales fell to a five-month low as elevated mortgage rates kept buyers on the sidelines. Pending sales dropped 3.7% W/W and 1.9% Y/Y to 311,150, the lowest level in over five months. The average 30-year mortgage rate rose to 6.69%, while mortgage purchase applications fell 4% W/W. Despite weaker demand, the median home sale price increased 2.9% Y/Y to $406,362.

2026.08.06 17:14

U.S. PENDING HOME SALES HIT 5-MONTH LOW U.S. pending home sales fell to a five-month low as elevated mortgage rates kept buyers on the sidelines. Pending sales dropped 3.7% W/W and 1.9% Y/Y to 311,150, the lowest level in over five months. The average 30-year mortgage rate rose to 6.69%, while mortgage purchase applications fell 4% W/W. Despite weaker demand, the median home sale price increased 2.9% Y/Y to $406,362.

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