Weekly Market Observations - September 4, 2024

Here’s Our Weekly Market Observations :

Pending home sales in July drop 5.5% MOM and 8.5% YOY

Midwest and South regions saw biggest declines in pending home sales

Inflation cools with July’s core PCE increasing 0.2% MOM and 2.6% YOY

eXp Realty tops list for cash flow in H1

Average 30-year fixed mortgage is down to 6.35%