US June pending residence gross sales -Zero.eight% vs +Zero.three% anticipated

• Prior +1.eight%
• Index at 72.Zero vs 72.6 prior
• Gross sales Y/Y -2.eight% vs +1.1% prior

In line with NAR Chief Economist Lawrence Yun, “The information reveals a
continuation of small declines in contract signings regardless of stock in
the market rising. Pending gross sales within the Northeast elevated
incrementally regardless that residence worth development within the area has been the
strongest within the nation.”

This text was written by Giuseppe Dellamotta at investinglive.com.