CFAH

Having slipped from a nine-year high in June, the National Association of Realtors Pending Home Sales Index eked out a 0.5 percent gain in July.

The index, for which 100 denotes an average level of activity, currently measures 110.9 which is 7.4 percent higher on a year-over-year basis versus 8.2 percent higher on a year-over-year basis in June.

The Pending Home Sales index for the West declined 1.4 percent to 103.0 in July but remains 7.5 percent higher versus the same time last year.

Comments from Plugged-In Readers

Recent Articles