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Pending home sales rebound in June as buyers act fast

Contract signings are up again, which means pending home sales are back in action. June’s Pending Home Sales Index (PHSI), a monthly forward-looking indicator measured by the National Association of Realtors (NAR), grew 1.5 percent to 110.2 in June from an upwardly revised 108.6 in May after declining for three straight months. “The first half […]

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