Friday, March 29, 2024 | The Latest Buzz for the Appraisal Industry

Pending Home Sales Fell 1.8 Percent in July as the Market Cools

Pending home sales decreased 1.8% on an adjusted basis in July compared with June and were down 8.5% compared with July 2020, according to the National Association of Realtors (NAR).

It was the second consecutive month that pending home sales decreased.

Regionally, and month-over-month, pending home sales fell 6.6% in the Northeast, 3.3% in the Midwest, and 0.9% in the South. Contract signings increased 1.9% in the West.

Year-over-year, contract signings fell in all

This post was originally published on this site

Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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