• Metro East REIA

Pending Home Sales Down 1.9% in June

The National Association of Realtors is reporting that pending home sales were down 1.9% in June, 2021. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) fell to 112.8. In addition, they report that year-over-year contract signings were also down 1.9%. They say the moderate slowdown is largely due to huge spike in home prices. Continue reading HERE...

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