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Pending Home Sales Increase in July marking six months of increases; Boom or Bust?

Lawrence Yun, Chief Economist, NAR

Today the National Association of REALTORS(R) issued their Pending Home Sales Index Report for July showing pending sales in the U.S. were up for the sixth consecutive month, the best streak since NAR began the pending home sale index in 2001.

Today’s report is not the only recent report [...]