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Pending Home Sales Down 2.5% in July – Real Estate Investing Today
The National Association of Realtors is reporting that pending home sales decreased 2.5% in July, which the attribute to the lack of moderately-priced housing, among other variables. The NAR’s Pending Home Sales Index (a forward-looking indicator based on contract signings) decreased to 105.6 in July, down 2.5% from June. In addition, they reported that year-over-year […]
Construction Spending Up Slightly in July – Real Estate Investing Today
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