U.S. Pending Home Sales Index Rose 1.3% in July

August 31, 2016 2:01 PM

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U.S. Pending Home Sales Index Rose 1.3% in July

The National Association of Realtors’ pending home sales indicator now sits at the second-highest level of 2016

WASHINGTON—A measure of homes under contract for sale rose in July, a sign of steady demand amid low interest rates and rising employment.

Also read: Home sales fall but prices rise in Broward County

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