Pending home sales tick lower in July as canceled contracts spike
Real Estate
CNBC

Pending home sales tick lower in July as canceled contracts spike

Why This Matters

Redfin found 15% of contracts were canceled in July, the highest rate since it began tracking the metric in 2017.

August 28, 2025
02:30 PM
2 min read
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FinancialBooklet Analysis

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Key Insights

  • Consumer sector trends provide insights into economic health and discretionary spending patterns

Questions to Consider

  • What does this consumer sector news reveal about economic health and spending patterns?

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