Morning Minute: U.S. pending home sales climbed again in July

The National Association of REALTORS® (NAR) reported today that U.S. pending home sales rose 3.3 percent in July compared to a month earlier and the Pending Home Sales Index, which tracks contract signings, is at its highest level since August 2013. Annually, pending sales are slightly lower, down 2.1 percent compared to July 2013, according to NAR.

In other headlines:

4 Signs the Economy Is Gradually Returning to Normal – Freddie Mac

Lower Rates Give Loan Demand Slight Boost – Daily Real Estate News

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