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September Home Sales Slow Down, but Cruise Better Than 2014

September is a time when the social calendar ramps up while temperatures drop. And as temperatures fall, so have pending sales of homes on the market. Contracts signed by either a house or condo fell 2.3 percent last month. But they were still 3 percent better than this time one year ago.

There's less inventory on the market, especially in the lower roster of price ranges, which drives the market competition to a feverish pitch. This is similar to cities like Boston. In fact, the Northeast region had the largest decline --4 percent-- of pending sales of all. Let's see what the winter brings.

· September slowdown comes to the housing market [WBJ]