Pending Home Sales Dropped 5.5% in July
August 29, 2024
August 29, 2024
WASHINGTON, Aug. 29 [Category: Real Estate] -- The National Association of Realtors issued the following news release:
Pending home sales in July retreated 5.5%, according to the National Association of REALTORS(r). All four U.S. regions posted monthly losses in transactions. Year-over-year, the Northeast rose while the Midwest, South and West registered declines.
The Pending Home Sales Index (PHSI)* a forward-looking indicator of home sales based on contract signings s . . .
Pending home sales in July retreated 5.5%, according to the National Association of REALTORS(r). All four U.S. regions posted monthly losses in transactions. Year-over-year, the Northeast rose while the Midwest, South and West registered declines.
The Pending Home Sales Index (PHSI)* a forward-looking indicator of home sales based on contract signings s . . .