Penelope
Diamond Member
- Jul 15, 2014
- 60,260
- 15,767
- 2,210
- Pending home sales continued to climb in June, rising 16.6% monthly since May, and rising 6.3% since June 2019, according to the National Association of Realtors.
- The Realtors have also raised their forecast for the housing market because of what they say is an apparent market turnaround.
- For 2020, existing home sales are expected to decline by only 3%. New home sales are projected to rise by 3%.
Pending home sales surge for the second consecutive month as the Realtors raise their forecast for 2020
Pending home sales continued to climb in June, rising 16.6% monthly since May, and rising 6.3% since June 2019, according to the National Association of Realtors.
www.cnbc.com
The wealthy are buying homes.