Pending Sales Skip a Beat

Pending Home Sales June 2014

Pending home sales fell 1.1% in June, breaking a three month streak of improvement after a dismal winter. The Pending Home Sales Index (PHSI), a forward-looking indicator based on signed contracts reported by the National Association of Realtors (NAR), decreased 1.1% in June to 102.7 from a downwardly revised May level of 103.8. The June reading was down 7.3% on… Read More ›

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