US pending home sales fell to a record low in September as mortgage rates rose
The National Association of Realtors reported its pending home sales index fell 7.3% in September to 66.0, the lowest since the series began in 2001. Housing starts fell 5.2% to a 1.221 million annual rate, and builder confidence dropped to 29 in October, its lowest since June 2012. The average 30-year fixed mortgage rate reached 7.40% on October 8, the highest in nearly three years.
4
Divergence score
3 outlets covered it, splitting into 2 framing camps across 2 bias groups.
2 camps
2 bias groups
The spectrum · how 3 outlets placed this story
LeftCenterRight
Breitbart
Financial Times
Reuters
Supportive of action
Neutral
Dismissive
Critical
Alarmist
International angle
Widest split · the two outlets furthest apart, and who published first
Furthest apart on this story
Breitbart
Housing Slump Worsens Amid Higher Rates
detailed data-driven slump report · negative
Reuters
US pending home sales tumble to record low in September - Reuters
neutral
First to report
- Reutersfirst
- Financial Times+36 min
- Breitbart+1.8 h
By each outlet's earliest publish time in this story. Feeds that index slowly can appear later than they printed.
The split, in one line
Both outlets lead with the record-low pending sales and surging mortgage rates; the split is depth, with one detailing regional declines and builder price cuts and the other a bare headline.
How each outlet covered it
Lightly covered so far
Too few outlets to map a left-right split. Here is each take as it stands.
Sparse coverage · 2 outlets
“Housing Slump Worsens Amid Higher Rates”
“US pending home sales fall to record low as mortgage rates surge - Financial Times”
4 tracked claims across 3 outlets
Fact ledger
All4Claimed2Corroborated2
1/3
Claimed
Housing starts fell 5.2% in September to a 1.221 million annual rate
Corroborated
Disputed
3 more tracked claimsSign up free to see the full ledger