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Pending Home Sales Down 1.8% in July

Pending Home Sales Down 1.8% in July The National Association of Realtors is reporting that pending home sales were down 1.8% in July, 2021.  The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) fell to 110.7.  In addition, they report that year-over-year contract signings were also down 8.5%.  They say the

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Existing Home Sales Up 2% in July

Existing Home Sales Up 2% in July The National Association of Realtors is reporting that existing home sales were up 2% in July to a seasonally-adjusted annual rate of 5.99 million (up 1.5% from one year ago).  Total housing inventory at the end of July was 1.32 million units, up 7.3% from one year ago. 

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