The National Association of REALTORS reported Wednesday that pending sales of existing homes fell by 1.30 percent in July. According to the organizationâs Pending Home Sales Index, this was the second straight month that pending home sales dropped. Julyâs Pending Home Sales Index reading was 109.50.
Case Shiller Price Index Shows Home Prices Are Still Increasing
Home prices are still rising, but at a slower pace according to the S&P Case-Shiller Home Price Indices for June. Home prices for the cities surveyed in the HPI rose by 12.10 percent on an annual basis as compared to May’s reading of 12.20 percent.
Existing Home Sales Report Shows Highest New Home Inventory Since January 2012
The National Association of REALTORS reported that existing home sales for July came in at 5.39 million on a seasonally adjusted annual basis. July’s reading exceeded both expectations of 5.21 million existing homes sold and June’s reading of 5.06 million homes sold.
What’s Ahead For Mortgage Rates This Week – August 26, 2013
Last week brought mixed economic news, but Leading Indicators released Thursday suggest that the U.S. economy is growing at a moderate rate.
Preventing And Clearing Clogs In Your Home
You’re brushing your teeth and you turn on the faucet. It’s not draining and starts to back up.Here’s the dilemma; do you spit and let it sit or run to the kitchen? One thing is for sure; having a clogged drain can be a major annoyance.
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