Seesawing

“Seesawing” Pending Sales May Signal Market Turning Point; Rates Staying Near Lows

Pending home sales fell back slightly in June after a notable and unexpected 8.0 percent gain in May. The National Association of Realtors® (NAR) said its Pending Home Sales Index (PHSI) dipped 1.9 percent from May to a reading of 112.8. This was also 1.9 percent lower than the index in June 2020. The PHSI […]

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