What pending home sales signal about the housing market

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Pending Home Sales News

Brad Smith,Housing Market,Claire Boston

Pending home sales in August grew 0.6% month-over-month. Yahoo Finance's Senior Reporter Claire Boston sits down with Brad Smith on Wealth! to discuss what...

Pending home sales reversing July slump rising 6/10 of a percent a month over month in August.Claire Boston joins me now in studio on this very data point and matter here.Um and I will say that they are up 0.6% off of a very, very low base actually a record low.

So, you know, it does signal that perhaps we'll see a little bit more robust home buying as we head into September and October.Redfin reported today that they had the first drop in how much you need to have to buy the average home 2020.But the issue is that the average family in America makes about 84.

Uh And, and on that very matter as well here, Claire, thanks so much for taking the time here with us today, Claire Boston of Yahoo Finance.OpenAI's history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end as the San Francisco company looks to more fully convert itself into a for-profit corporation accountable to shareholders.

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