U.S. pending home sales fall 3.5% WoW to 3-year low
U.S. pending home sales dropped 3.5% week-over-week to the lowest level in almost three years, according to Redfin.
S. 5% week over week to the lowest level in almost three years, Redfin said. Redfin said weaker homebuying demand is giving buyers more breathing room, with less competition and greater room to negotiate for house hunters who are still shopping. 5.