US pending home sales fall to lowest level since 2020

• August 24, 2022
• realestate
• Announcements, Business & Markets, Politics & Economy, Real Estate Finance, Updates, Your Real Estate Life

The National Association of Realtors said on Wednesday that its pending home sales index tumbled 19.9% in July compared with the same month one year ago. On a monthly basis, pending home sales dropped 1% – less than the 4% decline projected by economists.