# U.S. Housing Contracts Drop as Completed Sales Rise

> U.S. home purchase contracts fell 7.3% in September while completed sales rose, signaling weaker housing demand for Fed.
- Title: U.S. Housing Contracts Drop as Completed Sales Rise | Shortify
- Summary: U.S. home purchase contracts fell 7.3% in September while completed sales rose, signaling weaker housing demand for Fed.
- Keywords: u.s. housing contracts, completed sales, federal reserve, mortgage rates, pending sales, housing starts, builder confidence, crypto, finance, Housing, Contracts, Drop
- Source: TokenPost — https://tokenpost.com/news/investing/36346
- Published: 2026-10-21T04:46:18+00:00
- Read time: 1 min
- Topics: u.s. housing contracts, completed sales, federal reserve, mortgage rates, pending sales, housing starts, builder confidence, crypto, finance
## U.S. Housing Contracts Fall
U.S. home purchase contracts fell 7.3% in September from August, with a 11.3% year-over-year decline.
## Completed Sales Rise
Completed existing-home sales rose 1.5% monthly in September despite falling contracts.
## Mortgage Rates and Fed Focus
Average 30-year mortgage rate rose to 7.40% as Fed prepares for next meeting on Oct 27-28.
## Key takeaway

U.S. home purchase contracts fell 7.3% in September as completed sales rose, giving the Fed a weaker reading on housing demand.