Pending Home Sales Slowdown: Experts Surprised by July Drop

US home sales unexpectedly dipped in July, signaling continued buyer hesitancy despite slightly improved mortgage rates and increased inventory. A slowing job market adds to buyer caution, potentially impacting related industries and prompting shifts in seller strategies. All eyes are on potential Federal Reserve interest rate cuts this fall to revive the market. Hosted on Acast. See acast.com/privacy for more information.