July 2020 Pending Home Sales Again Improves
Written by Steven Hansen
The National Association of Realtors (NAR) seasonally adjusted pending home sales index had a third month in a row of gains following the coronavirus shutdown – and the index is now well into expansion. The quote of the day from this NAR release:
We are witnessing a true V-shaped sales recovery as homebuyers continue their strong return to the housing market.
Source: http://econintersect.com/pages/releases/release.php?post=202008271132
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