clock menu more-arrow no yes

Filed under:

Pending Sales Fall

Things were looking up in July when the National Association of Realtors' Pending Home Sales Index shot up to a 3% increase from June's figures. Then, August happened. This realty roller coaster of gains and losses saw pending sale rates drop 1% from July's numbers, and are down 2.2% from August 2013. Oof. On the plus side, with interest rates averaging 4.20%, 30-year fixed rate mortgages aren't out of reach just yet. [Washington Business Journal, Photo: USA Today/Getty]