Pending home sales cool off

The number of homes closed on but not yet sold came in right in line with expectations for the month of October.
Pending homes sales increased by 0.1% for the month according to the Association of Realtors. This was in line with economists' expectations.
This is a slowdown from the 1.5% increase in September, but continues to show growth for the housing sector.
Part of the reason for the slowdown, according to the NAR is the limited supply of homes for Americans to choos