Prices and politics drag pending home sales down to new low in July

Homebuyer anxiety around prices and the election precipitated the fall as the National Association of Realtors' Pending Home Sales Index declined 5.5 percent, to 70.2, the lowest index reading in 23 years.

Homebuyer anxiety around prices and the election precipitated the fall as the National Association of Realtors’ Pending Home Sales Index declined 5.5 percent, to 70.2, the lowest index reading in 23 years. Homebuyer anxiety around prices and the election precipitated the fall as the National Association of Realtors’ Pending Home Sales Index declined 5.5 percent, to 70.2, the lowest index reading in 23 years. 

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