Event Brief
Oct 20, 2026 at 11:00 AM ET
U.S. pending home sales hit a record low in September
By The BriefBrief
U.S. pending home sales fell 7.3% in September to a record low as mortgage rates surged, according to the Financial Times. CNBC said September data also showed sales, construction and housing sentiment falling more than expected.
WHO: U.S. housing market data, as reported by CNBC and the Financial Times
WHAT: Pending home sales fell 7.3% to a record low in September, while broader housing data showed sales, construction and sentiment declining more than expected.
WHEN: Reported Oct 20, 2026 at 10:18 AM ET
WHERE: USA
WHY: Rising borrowing costs deepened the housing market slowdown.
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