U.S. pending home sales slowed slightly in August compared to July, but still remained 6.1 percent higher than a year ago, the National Association of REALTORS® (NAR) reported this morning. Despite month-to-month fluctuations, the NAR Pending Home Sales Index has experienced year-over-year gains for the last 12 months. Read more from NAR and watch a new video from NAR Chief Economist Lawrence Yun.
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