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Us National Debt
Pending Home Sales Climb Unexpectedly, Prompting Americans to Rethink Real Estate Strategies
Ibtimes.com.au·18d ago·neutral
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Pending home sales in the US rose 1.4% in April, defying expectations amid high mortgage rates. This unexpected increase prompts debate on real estate's reliability as a wealth-building strategy.
WASHINGTON — Pending home sales in the United States rose 1.4% in April, surprising economists and investors who had anticipated continued weakness in the housing market amid persistently high mortga… [+7374 chars]
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Published
May 26, 2026, 01:05 PM
Author
Tony Jackson
Source
Ibtimes.com.au
Frequently asked · Us National Debt
What is the difference between debt held by the public and total public debt?
Debt held by the public measures what the government owes to outside investors, while total public debt outstanding also includes intra-governmental holdings, which is money one part of the government owes to another.
What are the primary drivers of the rising U.S. national debt?
The Congressional Budget Office identifies increased spending on Social Security and Medicare due to an aging population, alongside rising interest costs on existing debt, as the main drivers.
How does the current debt-to-GDP ratio compare to historical records?
The current ratio has surpassed 100%, moving toward the all-time record of 106% set in 1946 following World War II.