Pending home sales tank in July, but the slump is likely short lived by Jeff Andrews for HousingWire
HousingWireHousingWire Mortgage rates are finally dropping, but pending home sales fell even further into the toilet in July. That’s according to the July pending home sales index from the National Association of Realtors. On an annual basis, the index fell by 8.5% to the second lowest seasonally adjusted rate in…
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