Wednesday 29 August 2018

Pending home sales have dropped for seven straight months

Pending sales for existing homes nationwide dropped by 0.7 percent in between July and June, and have now fallen for seven straight months on an annual basis. The National Association of Realtors’ study of those sales suggests that the slowdown is because of high pricing. Pending sales in July were down 2.3 percent year over year. The organization’s analysis is based on contracts signed for existing single-family homes, condos and co-ops, also making it an […]



source https://therealdeal.com/la/2018/08/29/pending-home-sales-have-dropped-for-seven-straight-months/#new_tab

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