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Redfin says pending home sales are sinking to a near 12-year low as mortgage rates top 7%

Pending sales fell 4% in September from a month earlier, the biggest monthly drop in more than 3 years, as the weekly average mortgage rate hit 7.28%

Redfin says pending home sales are sinking to a near 12-year low as mortgage rates top 7%

We haven't written up this one. Quartz has the full story — the link below goes straight to it.

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Pakistan Faces $1 Billion LNG Bill This Winter

Pakistan will have to pay in excess of $1 billion to secure LNG supply for the winter months, as spot prices soar amid massive disruptions to Qatari term supply.

  • Pakistan to incur $1 billion in LNG costs for winter 2026-2027
  • Spot market prices double Qatari import rates
  • Qatar LNG disruptions since March Iran export hub strike

SHC to begin land audit, recovery exercise on October 15

By Felix Cofie The State Housing Company Limited (SHC) will commence a land audit and recovery exercise on October 15 to identify and recover state lands allegedly occupied unlawfully.

  • SHC launching land audit and recovery on October 15
  • Aimed at reclaiming unlawfully occupied state lands
  • Collaboration with Inok Holding Limited for execution

More from Tuesday 13 October →