Pending Homes Sales Index Decline in June

After reaching its highest level in six years, the National Association of Realtors (NAR) reports that the pending homes sales index (PHSI) fell 0.4 percent to 110.9 in June...

New Home Sales Up 8.3 Percent in June

The shortage of existing homes may be reflected in the sales of new U.S. homes as the indicator rose to its highest annualized level in five years, according to the...


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