Investment
Features
FeesSafety
Academy
More
Pluang+

Pending home sales fall 7.3% in Sept as mortgage rates hit 7.6%, homebuilder sentiment hits 14-year low

Market News
20 Oct 2026
CNBC
View Source
Bearish
Pending home sales fall 7.3% in Sept as mortgage rates hit 7.6%, homebuilder sentiment hits 14-year low

Pending home sales in the U.S. dropped 7.3% in September from August and were down 11.3% year-over-year, driven by rising mortgage rates that climbed from 6.8% to 7.6% during the month. Housing starts also declined 4.56% to the lowest level since September 2025, with building permits falling 4%, signaling a slowdown in new home construction. Homebuilder sentiment reached a 14-year low due to affordability challenges, higher mortgage rates, and elevated construction costs, which are expected to keep housing activity subdued into 2027 and weigh on economic growth.

The September housing market data shows a significant slowdown in pending home sales and new construction activity. For readers following real estate, here is Pluang's market snapshot as of Oct 20, 2026 20:31 WIB: out of 47 priced Real Estate-sector US stocks, 43 rose and 4 fell. Notable movers include JAN at USD 29.12 with a 1-day change of +1.68%, COMP at USD 9.16 with a 1-day change of +1.66%, and JLL at USD 306.49 with a 1-day change of +1.28%.

More News

Synchrony Financial beats Q3 2026 earnings and revenue estimates despite profit dip.

Synchrony Financial beats Q3 2026 earnings and revenue estimates despite profit dip.

Synchrony Financial reported Q3 2026 earnings per share of $2.68 and revenue of $4.91 billion, both exceeding analyst expectations. However, net profit fell to $892 million from $1.1 billion the previous year due to higher operating costs, even as cr...

Company Fundamentals
Bullish
1 hour ago
Hancock Whitney Q3 2026 earnings expected near $1.65 EPS with possible miss, revenue around $419M-$422M.

Hancock Whitney Q3 2026 earnings expected near $1.65 EPS with possible miss, revenue around $419M-$422M.

Hancock Whitney is set to report its Q3 2026 earnings on October 20, with analysts forecasting earnings per share between $1.65 and $1.66 and revenue estimates from $418.85 million to $422 million. Despite year-over-year growth projections, indicator...

Company Fundamentals
Neutral
1 hour ago
New York housing inventory rises nearly 10% in September as prices continue to climb.

New York housing inventory rises nearly 10% in September as prices continue to climb.

In September 2026, New York State's housing inventory increased by 9.8% year-over-year, reaching 35,294 homes available for sale. Despite this rise in supply, home prices continued to grow, with the median sales price up 5.9% to $450,000 compared to ...

Market News
Neutral
1 hour ago
Europe's Electronic Health Record market to reach $15.37B by 2031 with 9.9% CAGR driven by AI and cloud adoption

Europe's Electronic Health Record market to reach $15.37B by 2031 with 9.9% CAGR driven by AI and cloud adoption

The Europe Electronic Health Record (EHR) market is projected to grow from $8.05 billion in 2024 to $15.37 billion by 2031, at a compound annual growth rate of 9.9%. Growth is fueled by increasing EHR adoption, government digital health programs, and...

Market News
Bullish
1 hour ago
EssilorLuxottica Q3 revenue rises 9%, driven by strong growth in wearables and myopia management.

EssilorLuxottica Q3 revenue rises 9%, driven by strong growth in wearables and myopia management.

EssilorLuxottica reported a 9.0% increase in revenue for Q3 2026, reaching €7,486 million, with a 7.2% rise at constant exchange rates. Growth was broad-based, with strong double-digit increases in Asia-Pacific and the Direct to Consumer segment up 1...

Company Fundamentals
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App