WASHINGTON (August 31, 2017) – Pending homes sales stumbled in July for the fourth time in five months as only the West saw an increase in contract activity, according to the National Association of Realtors®.
The Pending Home Sales Index,*www.nar.realtor/topics/pending-home-sales, a forward-looking indicator based on contract signings, decreased 0.8 percent to 109.1 in July from a downwardly revised 110.0 in June. After last month’s decline, the index is now 1.3 percent… Read More
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