“Pending US home sales fell 1.7% in October amid short supply”
December 4, 2019
“The National Association of Realtors said Wednesday that its pending home sales index, which measures the number of purchase contracts signed, fell 1.7% last month. The signed contracts become final purchases 1-2 months later.
Still, declining mortgage rates over time have lifted home sales. The index is up 4.4% from a year ago… But Americans who want to buy a home have fewer choices. The number of available houses fell to 1.8 million in October, a record low for that month…”
https://www.foxbusiness.com/real-estate/pending-us-home-sales-fell-1-7-in-october-amid-short-supply