In July, the third time this year, the Pending Home Sales Index crossed its benchmark value of 100, moving to 101.7.
Pending Home Sales Index Falls Just Short Of 100
The Pending Home Sales Index is on a 14-month winning streak.
Existing Home Supply Ticks Higher To 6.6 Months Nationwide
Home resales slipped more than 5 percent last month, putting a damper recent housing market enthusiasm.