NAR: Pending homes sales recover in June

After declining for three straight months, pending home sales reversed course in June as all major regions, except the Midwest, saw an increase in contract activity, according to the National Association of REALTORS’ Pending Home Sales Index. 

In the Northeast, pending home sales inched forward 0.7 percent to 98 in June, and is now 2.9 percent above a year ago.

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