---
title: "Redfin Reports Pending Home Sales Fall to 3-Month Low"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293616176.md"
description: "Redfin reports U.S. pending home sales fell 1.3% week-over-week to a three-month low through July 19. This decline coincides with mortgage rates hitting an 11-month high of 6.55% and persistently high home prices, which are approximately $900 below their record peak. The fluctuation is attributed to volatile economic conditions despite a resurgence in various sectors."
datetime: "2026-07-23T12:06:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293616176.md)
  - [en](https://longbridge.com/en/news/293616176.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293616176.md)
---

# Redfin Reports Pending Home Sales Fall to 3-Month Low

In Seattle, U.S. pending home sales recently dropped by 1.3% week over week, reaching their lowest point in three months by the end of the four weeks leading up to July 19. This information stems from a fresh report by Redfin, the real estate brokerage fueled by Rocket. This decline in homebuying interest coincides with a surge in weekly average mortgage rates, which have spiked to an 11-month high of 6.55%. Moreover, home prices remain notably high, hovering approximately $900 below their record peak. The volatile U.S. economy, marked by a resurgence in various sectors, has contributed to this fluctuation.

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