MARKET UPDATES: Encouraging Trends for Home Sales and Affordability

Pending Home Sales, which measures signed contracts on existing homes and is a good leading indicator for Existing Home Sales, were up 1.6% in August. This reading was stronger than expectations of a 0.6% gain and the second best number in the last 12 months. The gains were broad based, with sales up in every … Continue reading MARKET UPDATES: Encouraging Trends for Home Sales and Affordability