Pending Home Sales Down 2nd Consecutive Month - The number of homes that are under contract dropped last month as increasing mortgage rates and rising home prices are taking a toll in some high-cost markets.Between June and July, pending home sales fell more than 1 percent. It was the second consecutive month-over-month decline.The latest decline wound up being more than was expected, though pending sales are still up from the same month last year. ow.ly/2zsrao
Posted on: Wed, 28 Aug 2013 19:36:26 +0000