Pending home sales in the U.S. edged higher in March 2026, signaling underlying demand resilience even as elevated borrowing costs continue to weigh on the housing market.
The long-anticipated rebound in the U.S. housing market is losing momentum, as a fresh uptick in borrowing costs and escalating geopolitical tensions inject new uncertainty into an already fragile recovery.
This past week president Donald Trump signed a series of executive orders aimed at accelerating home construction and expanding access to mortgage financing, a move welcomed by major housing industry groups that say regulatory bottlenecks are worsening America's affordability crisis.
Residential mortgage rates climbed this week as financial and energy markets reacted to escalating tensions in the Middle East following the launch of Operation EPIC FURY on February 28, 2026.
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