Housing Market

July Pending Home Sales Provide Further Evidence of Housing Recovery

Recent economic data out of the United States has been pointing towards a slow recovery in the economy and housing has now joined the flow of better-than-expected numbers.

Today’s release of the index of pending sales of existing homes for the month of July, prepared by the National Association of Realtors, shows a growth of 2.4% to 101.7 from last month’s reading,


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