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Slowdown in pending homes sales signals “turning point” for housing market

therealdeal.com
 2021-07-29

Cover picture for the articleAfter surging in May, the pace of homes under contract fell 1.9 percent in June — both year-over-year and month-over-month — according to the National Association of Realtors’ monthly index. Lawrence Yun, NAR’s chief economist, described recent ups and downs in the pending sales index as indicative of a “turning...

therealdeal.com

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