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U.S. Pending Home Sales Hit 12-Year Low as Buyer Cancellations Reach Post-Pandemic Record

U.S. homebuying activity weakened sharply in September 2026 as mortgage rates climbed above 7%, pushing pending sales to their lowest level in more than a decade outside the early-pandemic shutdown and giving buyers greater leverage in an increasingly competitive market for sellers. Pending home sales fell 4% from August on a seasonally adjusted basis, the steepest monthly decline in more than three years,...

U.S. Home Remodeling Sentiment Holds Steady in Q3

U.S. remodeling market sentiment edged higher in the third quarter as demand for home improvement projects remained resilient, even as elevated material costs, labor shortages and economic uncertainty continued to challenge contractors. The National Association of Home Builders' Remodeling Market Index rose one point to 62 in the third quarter of 2026. The reading suggests that more remodelers viewed...

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