Pending home sales is one of the main
inflation indicators in any economy sense, it measures consumers’ willingness
and ability to pay their money to buy new homes and sign real estate contracts.
As high as the pending Home sales as higher
the economy health, and vice versa.
Recently October 2013, pending home sales
declined by 5.6% the biggest one-month decline in three years, which indicated
the strong inflation in U.S. that will result
mortgages to get high, same as consumer prices, as well as the interest
rates to new loans.
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