[New post] Pending Home Sales Drop 8.6% in June

Brad Beckett posted: "The National Association of Realtors is reporting that pending home sales were down 8.6% in June, 2022.  The NAR's Pending Home Sales Index (a forward-looking indicator based on contract signings) dipped to 99.1.  The NAR predicts home sales should start " Real Estate Investing Today Pending Home Sales Drop 8.6% in June Brad Beckett Aug 1 The National Association of Realtors is reporting that pending home sales were down 8.6% in June, 2022.  The NAR's Pending Home Sales Index (a forward-looking indicator based on contract signings) dipped to 99.1.  The NAR predicts home sales should start to rebound by early 2023.  Indeed... "Home sales will be down by 13% in 2022, according to our latest projection...With mortgage rates expected to stabilize near 6% and steady job creation, home sales should start to rise by early 2023.. Click here to read the full report at the National Association of Realtors.   Unsubscribe to no longer receive posts from Real Estate Investing Today. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://realestateinvestingtoday.com/pending-home-sales-drop-8-6-in-june/ Powered by Jetpack