Pending home sales slipped 1.4% from May to June, but they are still 9.5% above year ago levels, the National Association of Realtors said in its latest Pending Home Sales Index.
The pending home sales index hit 99.3 in June, down from a revised 100.7 index score in May.
NAR’s pending home sales data reflects home sale contracts, not closings.
Read More: Pending home sales slipped 1.4% in June
Travis Saxton is the marketing and technology manager at REAL Trends. Prior to operating this arm for REAL Trends, Travis was the director of online services for a newspaper consulting company. He greatly enjoys working with real estate companies adapt new cutting edge strategies and perfecting their online presence and systems. He has experience in the following areas: Websites, SEO/SEM, CRM/Lead Generation Systems, Traditional Marketing and Social Media Marketing, Real Estate Technology Consulting.