US Housing Market Struggles As Pending Home Sales Drops

15 July 2024

We’re about to face the aftermath of a Fed-induced housing crisis. U.S. pending home sales have dropped to historic lows not seen since the 2008 financial crisis, with a shocking 2.1% drop in May and a jaw-dropping 6.6% annual decline. With mortgage rates so high, banks and other investors are in massive trouble, facing severe […]

The post US Housing Market Struggles As Pending Home Sales Drops first appeared on SchiffGold.

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